lends money to individuals and business houses that need it. Structure of banking sector in India: What is RBI? The RBI is India’s central bank. The Reserve Bank of India was established on April 1‚ 1935 in accordance with the provisions of the Reserve Bank of India Act‚ 1934. RBI acts as a banker to the Government and Banks. The Central Bank maintains record of Government revenue and expenditure under various heads. It maintains deposit accounts of all other banks and advances money to other
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mrunal.org http://mrunal.org/2012/08/econ-crr.html [Economy] Cash Reserve Ratio (CRR) Controversy between SBI & RBI: meaning‚ implication on Economy Explained 1. What is CRR? 2. What is Scheduled Commercial Bank? 3. Examples of Scheduled Commercial Banks 1. Case # 1: High CRR and SLR 2. Case # 2: Low CRR and SLR 4. Repo Rate 5. Reverse Repo Rate 6. Bank Rate 7. What is the need of all these CRR‚SLR‚Repo rates? 8. What is the problem with CRR? 9. How much CRR deposit does RBI have? 10. What
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MGT B240 Unit 2 Defining the manager’s terrain 110 Course team (2009 version) Developer: Designer: Coordinator: Member: Dr Kenneth Chao‚ OUHK Delian Gaskell‚ OUHK Dr Alex Mak‚ OUHK Dr Peng Wei‚ OUHK Course team (previous version) Developer (original version): Adapter: Production ETPU Publishing Team Brian Barrett‚ OUHK Victor Haines‚ Consultant‚ OUHK Copyright © The Open University of Hong Kong‚ 1990‚ 1994‚ 2002‚ 2006‚ 2007‚ 2008‚ 2009. Revised April 2011. All rights reserved. No
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Research Paper The federal government has slowly been gaining power since this country was started. The country’s power used to be more focused on the individual states‚ this ensured that citizens could reach their governments more easily. With the majority of power under the states control it created a more flexible government‚ this allowed the states to govern accordingly and to fix any unique problems they could be having. I think that today’s federal government has too much power. Rick Perry
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0 The use of money and its transmission through the economy by means of a banking system characterise modern economies. Money has been used for thousands of years‚ but has evolved to more sophisticated forms and its transmission has improved over time. There have long been questions over the effects money and banking have in the economy. Frequently they have given rise to intense debate‚ and are seldom far from discussion on the economy’s performance‚ prices‚ exchange-rates and so on. The British
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Section II - Part A (Document-Based Questions) To what extent did the Federalist administrations of George Washington and John Adams promote national unity and advance the authority of the federal government? George Washington and John Adams were the first two presidents of the United States. As they had just fought a civil war against their oppressive mother country‚ it was only fitting that they were federalists. Federalists believed in national unity and a strong central government. They knew
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Money doesn’t buy happiness but it helps. Money has become one of the main things in our modern life. Some people live their lives to earn money. They work hard‚ trying to earn as much money as they can. Some of them become crazy about it and lose their dignity hunting money. They don’t appreciate such important things as family‚ friendship‚ love and other feelings. Such people become greedy‚ they spend their lives in loneliness. I don’t deny that money influences our life a lot. As W.S. Maugham
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How a society punishes their criminals can say a lot about the way the citizens live their lives. Here in the United States we would rather take better care of someone in prison for life than a person on the street who has never committed a crime in their life. The philosophy and practices has changed drastically in the last 30 years. Rehabilitation was the main focus for the beginning of the 20th century. This gave way to a new found focus on justice‚ and fairness in the 1970s. Crime control was
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Money‚ Value of money‚ Inflation and Policy Responses Inflation: Inflation is a sustained increase in the cost of living or the average / general price level leading to a fall in the purchasing power of money. Causes of Inflation:–There are a few different reasons that can account for the inflation in our goods and services; let’s review a few of them. * Demand-pull inflation refers to the idea that the economy actual demands more goods and services than available. This
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5/12/11  The federal government of the United States empowers a wide range of law enforcement agencies to maintain law and public order related to matters affecting the country as a whole. The Federal Law enforcement agencies are only authorized to enforce various laws generally only on a federal level. Majority of these agencies have broad federal enforcement powers‚ but most enforce only narrow portions of federal law. In some cases‚ they may be empowered to
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