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● Statement 1 is correct: The RBI undertakes the responsibility of controlling credit created by commercial banks through quantitative and qualitative techniques to control and regulate the credit flow in the country. When RBI observes that the economy has sufficient money supply and it may cause an inflationary situation in the country then it squeezes the money supply through its tight monetary policy and vice versa. ● Statement 2 is correct: Section 45 of Banking Regulation Act 1949 empowers the Reserve Bank to make a scheme of amalgamation of a bank with another bank if it is in the depositors' interest or in the interest of the overall banking system. Many private sector banks have been merged with other private sector banks or the PSBs under this mechanism. The power of winding up of banks lies in the hand of the Reserve bank of India. The Banking (Regulation) Act, 1949 provision from Section 38 to 44 deals with the winding up procedure for banks.
A man’s speed with the current is 50 km/hr and the speed of the current is 5 km/hr. The man’s speed against the current is:
...The speed of a boat downstream is 20% more than the speed of the boat in still water. If the boat can travel 1280 km upstream in 16 hours, then find the...
A boy can swim in water with a speed of 10 km/hr in still water. If the speed of the stream is 4 km/hr, what will be the time taken by the boy to cover ...
A boat can cover 150 km in downstream in 15 hours and 130 km in upstream in 13 hours. Find the distance travelled by the boat in still water in 5 hours.
A boat can cover 130 km in downstream in 10 hours and 120 km in upstream in 8 hours. Find the speed of boat in still water
If a boat travels 35 km more in downstream than in upstream in 5 hr and if the speed of the boat in still water is 25 km/hr, then find the distance trav...
A boat travels 30 km upstream and 40 km downstream. The speed of the stream is 5 km/h, and the boat’s speed in still water is 15 km/h. How much time d...
The total time taken by a boat to cover a certain distance in downstream and the same distance in upstream is 10 hours. The same boat can cove...
A boat covers 72 km upstream and 108 km downstream in 6 hours and 4.5 hours, respectively. Find the time taken by the same boat to cover 150 km in still...
A boat can cover 180 km in downstream in 18 hours and 125 km in upstream in 5 hours. Find the distance travelled by the boat in still water in 10 hours.