When there is a temporary mismatch in the cash flow of the receipts and payments of the State Governments. To handle this mismatch, there is a WMA scheme / facility which refer to Ways and Means Advances. RBI makes WMA to the state governments for a period of 90 Days. If the state government take WMA against the collateral Government securities, it is called Special WMA.
Which of the following is the secondary function of Banks?
I. Collecting and supplying business information.
II. Issuing letters of c...
_____________ is a cheque presented for payment after three months from the date of the cheque.
The Reserve Bank of India was set up on the basis of the recommendations of the ________ Commission.
IFRS stands for _______
Who gets the status of Public Sector Banks of India?
Which committee was established to form Nabard?
ALM stands for
In the terms of banking, what does 'R' pertain to in GIRO?
MUDRA Bank has been inaugurated in 2015, what is the full form of MUDRA?
...Any rupee note, which has a political slogan is not a legal tender as per.
