Question
Which of the following rates signals the RBI’s
long-term outlook on interest rates?Solution
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 is the Implementing Agency of UJALA Scheme?
______________ are set up, owned and operated by non-bank entities.
As per RBI PSL Guidelines, the threshold loans to individuals for educational purposes not exceeding _____ will be considered as Priority Sector Lending...
Which of the following article is related to the Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth?
The Ministry of Defence signed MoUs with which banks to onboard them as SPARSH Service Centres?
Which Mobile app has been launched by DAY-NRLM for use as an effective platform for marketing of the products made by women cf self-help groups.
The Sustainable Development Goals of the United Nations (UN) aims to end poverty by _______________.
Central Government’s PM FME scheme aims at providing financial, technical and business support to upgrade existing micro food processing enterprises....
With reference to MSME sector, consider the following statements:
I. MSME sector in India accounts for most of the employment generation in the e...
Which of the following is not a component of the DAY-NRLM scheme?