Have an account?
What is the Cash Reserve Ratio (CRR)?
the fraction of the deposits that commercial banks lend to the customers
the fraction of the deposits that RBI must keep with commercial banks
the fraction of the deposits that commercial banks must keep with RBI
What is the reserve deposit ration (rdr)?
the proportion of money RBI lends to commercial banks
the proportion of total deposits commercial banks keep as reserves
the total proportion of money that commercial banks lend to the customers
What possess general acceptability?
Bill of exchange
Which bank is called lender of last resort?
Which bank enjoys monopoly power of Note issue?
What is the name of Central Bank in India?
Deposits which are payable after the expiry of a fixed period are called -
What is the ratio of deposits which commercial banks are required to keep with themselves called?
The rate at which central bank lends to commercial banks is called?
Buying and selling of government securities by the central bank from/to banks is called?
open market operations