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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.
What is the total number of applications received from the females in all the branches of the bank?
In the bar graph, in which year is the sum of the students f...
The bar graph given below shows the production of sugar (in lakh tonnes) by two different companies P and Q for the given years.
What is the total number of applications received from the males in Branch N and O together?
Study the given table to answer the question that follows.
The table shows the number of students who appeared in the 12th Board Examination f...
The number of students whose height is in the class interva...
If in a particular month, disbursement was made in 50% of the total number of sanctioned loans by Branch M, find the total number of disbursed loans tha...
If x = 19 and y = 11, then find the value of (y3 - x3 + 3x2y - 3y2x) .
The given Bar Graph presents the number of different types of vehicles (in lakhs) exported by a company during 2014 and 2015.