Key Differences Between Birth Rate and Death Rate Birth Rate is the rate of births of new live babies during a specified period, per thousand, in total population in a geographical area, in a specific amount of time. In contrast, the Death Rate is the rate of deaths per thousand people i...
Bank Rate is one of the essential tools of the Central Bank, which regulates the economic activity level, i.e. to control liquidity, the apex bank will increase bank rate and vice versa. As a result of which the borrowing cost of banks goes up, and the credit supply in the economy goe...
controlling inflation, strengthening the banking system, economic growth, etc. The monetary policy focuses on all the matters which have an influence on the composition of money, circulation of credit, interest rate structure. The measures adopted by the apex bank to control credit in the economy ...
Cash Credit: A facility granted by the bank in which the customer can advance money up to a certain limit against the asset pledged. Bills Purchased: An advance facility provided by the bank against the security of bills. Key Differences Between Loans and Advances The following are the major ...