RBI CONCEPTS: LIBERALISED REMITTANCE SCHEME#18

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues.  1. What is the Liberalised Remittance Scheme (LRS) of USD 2,50,000? Under the Liberalised Remittance Scheme, all resident individuals,including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any

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RBI CONCEPTS:BANKER TO CENTRAL GOVERNMENT#17

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. OVERVIEW  Currently, the Reserve Bank acts as banker to all the State Governments in India (including Union Territory of Puducherry), except Sikkim. For Sikkim, it has a limited agreement for management of its public debt. The Reserve

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RBI CONCEPTS:GOVERNMENT SECURITIES MARKET IN INDIA#15

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. What is a Bond? Bond is a debt instrument in which an investor loans money to an entity (typically corporate or government) which borrows the funds for a defined period of time at a variable or fixed

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