Functions of Commercial Banks
The functions of commercial banks in India are:
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The functions of commercial banks in India are:
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The central bank of a country is the institution that is responsible for managing the money supply, interest rates, and financial stability of the economy. The central bank of India is the Reserve Bank of India (RBI), which was established in 1935. The RBI performs various functions to achieve its objectives of economic growth, price
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Quantitative and qualitative methods of credit control are two types of instruments used by the central bank of a country to regulate the money supply and interest rates in the economy. Here are some points to explain them: Quantitative Methods Qualitative Methods
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Reverse repo rate is a term used in the banking and financial sector. It is related to the monetary policy of a country, which is the way the central bank manages the money supply and interest rates in the economy. Reverse repo rate is the opposite of repo rate. It is the interest rate which
Bank rate is an important concept in economics that affects the interest rates, money supply, inflation, and growth in a country. What is bank rate? Bank rate is the interest rate at which the central bank of a country lends money to commercial banks. For example, in India, the central bank is the Reserve Bank
Repo rate is the interest rate that the central bank of a country charges from the commercial banks when they borrow money from it. Repo rate is also called repurchase rate, which means that the commercial banks have to repurchase or buy back the securities that they sell to the central bank as collateral for
Cash reserve ratio (CRR) is the percentage of total deposits that commercial banks have to keep as cash reserves with the central bank of their country. For example, in India, the central bank is the Reserve Bank of India (RBI), and the current CRR is 4.5%. This means that for every 100 rupees deposited in
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Government securities are debt instruments issued by a sovereign government to raise funds for various purposes, such as financing public projects, managing budget deficits, or paying off existing debts. From the investor perspective they are considered to be low-risk investments, as they are backed by the full faith and credit of the issuing government. Investors who
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For English Users Hello! Explore the helpful solutions for Accounts Class 12 focusing on Change in Profit Sharing Ratio. Here you’ll find clear explanations and answers to questions 21 to 33 .The solutions are aligning with the CBSE/ICSE/State Boards curriculum for 2023-2024. Whether you’re student or a teacher, these solutions are here to assist you.
T S Grewal Solutions – 2023-2024 – Change in Profit Sharing Ratio – Q No 21 to 33 Read More »
For English Users Hello! Explore the helpful solutions for Accounts Class 12 focusing on Change in Profit Sharing Ratio. Here you’ll find clear explanations and answers to questions 11 to 20 .The solutions are aligning with the CBSE/ICSE/State Boards curriculum for 2023-2024. Whether you’re student or a teacher, these solutions are here to assist you.
T S Grewal Solutions – 2023-2024 – Change in Profit Sharing Ratio – Q No 11 to 20 Read More »