Question
Recently RBI has decided to change CRR to _____
effective from the fortnight beginning May 21, 2022.Solution
Reserve Bank of India (RBI) Governor Shaktikanta Das announced that it has been decided to increase the cash reserve ratio (CRR) by 50 basis points to 4.5 per cent of net demand and time liabilities (NDTL), effective from the fortnight beginning May 21, 2022.
Which of the following statements about Prompt Corrective Action is/are True?
I-Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Prompt Corrective Action F...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
Who among the following is not one of the eligible beneficiaries of PMUY?
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented...