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Repo rate is the rate at which RBI lends to its clients generally against government securities. Reverse Repo rate is the rate at which RBI borrows money from the commercial banks. Bank rate is the rate charged by the central bank for lending funds to commercial banks. Bank rates influence lending rates of commercial banks. Higher bank rate will translate to higher lending rates by the banks. In order to curb liquidity, the central bank can resort to raising the bank rate and vice versa. Statutory liquidity ratio (SLR) is the Indian government term for reserve requirement that the commercial banks in India require to maintain in the form of gold, government approved securities before providing credit to the customers. Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the available amount with the banks comes down.
Which of the following correctly describes Brownfield Project?
PM-DevINE scheme will be implemented by _________.
Pradhan Mantri Ujjwala Yojana was launched in _______ as a flagship scheme to make clean cooking fuel such as LPG available to rural and deprived househ...
The target of Pradhan Mantri Matsya Sampada Yojana (PMMSY) is to enhance fish production by an additional 70 lakh tonne and increase fisheries export ea...
How much investment has been allocated for the transport infrastructure projects in the Union budget of 2023-24?
To strengthen India’s fight against the disease, PM CARES Fund had been constituted. What does R stands for?
JAM Trinity has played a significant role in the process of inclusive development in our country. Which of the following correctly describes JAM Trinity?
SWAMIH Fund has played an instrumental role in providing affordable homes to many. It has clocked 20000 mark since inception. What does the “W” stan...
Which of the following actions most emerging economies took after facing with the prospects of global stagflation, nations, and feeling compelled to pro...
Atal Jyoti Yojana (AJAY)’s main objective to provide Solar Street Lighting Systems for public use at different locations for improvement in quality of...