RBI Banking

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. Current account convertibility means freedom to convert domestic currency into foreign currency and vice versa to execute trade in goods and invisibles. On the other hand, capital account convertibility implies freedom of currency conversion related to capital […]

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. In agriculture, there are two major types of government support measures. The first one is price support measure and the second one income support measures. Price support means the government is procuring the agricultural produce from farmers

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. A cess imposed by the central government is a tax on tax, levied by the government for a specific purpose. Generally, cess is expected to be levied till the time the government gets enough money for that

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. What is Infrastructure Debt Fund? IDFs are investment vehicles for channelizing investment into the infrastructure sector. They are sponsored by commercial banks and NBFCs in India in which domestic/offshore institutional investors, specially insurance and pension funds can

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. What are Small Savings Schemes (SSSs)? An important component of India’s financial savings scenario is the large-scale participation of general public through various small saving schemes initiated by the central government. In this context, the Small Saving Schemes (SSSs)

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. What are Dated Government Securities? Dated Government securities are long term securities or bonds of the government that carries a fixed or floating coupon (interest rate). Securities are issued by the government (centre or state) for mobilizing funds. Mostly financing

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. What is Robot tax? The current automation wave driven by advanced robotics, artificial intelligence etc., are going to replace human labour dramatically. Already, several studies including that of the World Bank predict that robotics and machine learning will replace

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. What is Countervailing Duty (CVD)? Countervailing duty (CVD) is an additional import duty imposed on imported products (by the importing country) when such products enjoy benefits like export subsidies and tax concessions in the country of their origin (ie.,

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. What is Self- Help Group (SHG) -Bank Linkage Programme? A major effort to provide banking services to the weaker and unorganised sector was the Bank Self Help Group Linkage Programme that was launched in early 1990s. The programme

Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. What are the difference between Banks and NBFCs? Banks and Non-Banking Financial Companies (NBFCs) are the two major types of financial intermediaries in any financial system. NBFCs are mostly private owned financial institutions regulated by the RBI and