Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. Introduction: Along with the Government of India, RBI is responsible for the design, production and overall management of the nation’s currency, with the goal of ensuring an adequate supply of clean and genuine notes. The Government of […]
RBI CONCEPTS: ISSUER OF CURRENCY #12 Read More »
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
RBI CONCEPTS:INSTRUMENTS OF MONETARY POLICY #10(PART-4) Read More »
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
RBI CONCEPTS:The Monetary Policy Committee #9(PART-3) Read More »
Oracle IAS, the best coaching institute for RBI grade B/NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues. The Monetary Policy Framework
RBI CONCEPTS:The Monetary Policy Framework #8 (part 2) Read More »
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? Monetary policy refers to the use of monetary instruments under the control of the central bank to regulate magnitudes such as interest rates, money supply and availability of credit with a view to
RBI CONCEPTS: MONETARY POLICY #7(Part-1) Read More »
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
RBI Gr-B News – Role of RBI Governor #2 Read More »
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
RBI Concepts: Role and Functions of EXIM Bank and ECGC #9 Read More »
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
RBI Concepts: Types of Bank Deposits and Advances for NRIs/NRIs/PIOs/OCBs #8 Read More »
Oracle IAS, the best coaching institute for RBI grade B//NABARD/SEBI in Dehradun (Uttarakhand), brings to you views on important issues.. 1) Credit Creation: Commercial banks have to ensure that enough credit is available for people to borrow from the bank to carry out their daily business activities. Wherever a shortage of credit is observed, the
RBI CONCEPTS: Role of commercial banks #7 Read More »
Oracle IAS, the best coaching institute for RBI grade B in Dehradun (Uttarakhand), brings to you views on important issues. What are various types of cards? Ans: Cards can be classified on the basis of their issuance, usage and payment by the card holder. There are three types of cards (a) debit cards (b) credit
RBI CONCEPTS:CARD TRANSACTION #6 Read More »
