RBI CONCEPTS:INSTRUMENTS OF MONETARY POLICY #10(PART-4)

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Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. INSTRUMENTS OF MONETARY POLICY There are several direct and indirect instruments that are used for implementing monetary policy. REPO RATE: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral […]

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RBI CONCEPTS:The Monetary Policy Committee #9(PART-3)

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Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. What is Monetary Policy Committee? It is the committee which will decide India’s Monetary Policy. The formation of the monetary policy committee was mooted by the Urjit Patel committee(2016). The current mandate of the committee is to maintain

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Political Parties in India #13

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Oracle IAS, the best coaching institute for UPSC/IAS/PCS preparation in Dehradun brings to you views on important topics. Syllabus: GS-2, Salient features of RPA. Types of parties in India National Parties State Recognized Parties Unrecognized Parties What are the conditions to become a national party in India? Lok Sabha has 543 seats in total out

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RBI Gr-B News – Role of RBI Governor #2

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Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. ==> Context • The Reserve Bank of India governor’s unexpected resignation has created concern among the media, academicians and investors about the continuity of policy. • Lack of appropriate transition has been covered, to some extent, by

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RBI Concepts: Role and Functions of EXIM Bank and ECGC #9

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Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. Role and Functions of EXIM Bank(Export–Import Bank ):- 1) Line of Credit: Line of credit refers to the credit required by the importers and exporters to carry on with their regular business. EXIM bank provides various types

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RBI Concepts: Types of Bank Deposits and Advances for NRIs/NRIs/PIOs/OCBs #8

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Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. 1) Ordinary Non-Resident Rupee Accounts (NRO Accounts): These are Rupee denominated non-repatriable accounts and can be in the form of savings, current recurring or fixed deposits. These accounts can be opened jointly with residents in India. When

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