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Commercial banks in India perform various functions, including accepting deposits, making loans, and providing other banking services. One of their key functions is credit creation, where they create new money by making loans to borrowers, thereby increasing the money supply in the economy. The Reserve Bank of India (RBI) issues currency, provides banking services to the government, and regulates credit in the economy, but these are not functions of commercial banks.
What is the new monthly aid amount under the Mukhyamantri Ladki Bahin Yojana in Maharashtra?
What is India's rank in Inclusive Development Index among emerging economies, recently released by World Economic Forum (WEF)?
The rank of Air Marshal in the Indian Air Force is equivalent to which rank in the Indian Army?
Which Indian state enacted the 'Aparajita' anti-rape legislation amidst extensive political discussions?
Which type of soil, characterized by its deep red color, is typically found in tropical regions?
MIBOR, is calculated by –
Who is the writer of the novel “The Guide”?
Where is Sipat Thermal Power Plant located?
On the occasion of 25 years of India-ASEAN tie, a commemorative summit was held in New Delhi. The theme of the summit is:
What is the total financial outlay of the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan launched by the Indian government for tribal development?
