Central bank used this function to control the inflation in the economy and to reduce the borrowings of the commercial banks. In simple language, a rate at which RBI lends money to commercial banks, by an agreement that banks will repurchase the same pledged securities at a future date with ...
UPI was initially set up by the Reserve Bank of India (RBI) and the Indian Banks Association (IBA). Table of Contents Hide What is UPI? What is PPI? What is the Difference Between UPI and PPI? PPI (Prepaid Payment Instruments), on the other hand, is a tool that helps to ...
How important is the relationship between the central bank (like RBI) of a country and the finance ministry for economic development and growth? What is the most notable difference between a bank and a credit union? What difference does this mak...
or whose ancestors may have been Indian nationals, is referred to as a Person of Indian Origin (PIO). According to the Reserve Bank of India (RBI), a PIO is a person residing
Learn the major differences between average and mean. Visit BYJU'S to get the definition, formulas and the differences between them with examples.
What is the difference between the inflation and hyperinflation?Question:What is the difference between the inflation and hyperinflation?Inflation Rate:The inflation rate refers to the rate at which prices rise over a specific period. It is usually a broad indicator, defined as the cumulative rise ...
The epidermis and dermis together form the basic body covering; the skin. The various differences between epidermis and dermis are given here in a tabular column.
One of my buyer based in Liberia, W.Africa has asked me to send original export docs dirctly to them ((not thru bank). Terms is D/A 55 days from B/L date, amt USD 18000/. Am I permitted under RBI rules, to forward docs dirctly to buyer on D/A terms. If any amt ceiling,...
bank with RBI , our bank says it becomes Export without GR and we need to do nothing about it so please advise if this process is ok initially and if their is any limit of amount for export of this type per year , please guide on this which will be very helpful for us 2) We ...
Meninges are protective membranous coverings seen in the brain and also in the spinal cord. The brain is placed inside the skull, and the spinal cord begins from the extremity of the brain. Let's know the differences between brain and spinal cord meninge