In India, the interest rate on savings accounts in all the nationalized commercial banks is fixed by (a) Union Ministry of Finance

(d) The draught prone area programme is by ministry of Rural development to minimise the adverse effects of drought on production of crops and livestock and productivity of land, water...

(d) The capital outpur ratio is used to produce an output over a period of time. This ratio has a tendency to be high when capital is cheap as compared...

(d) Bank Rate is that rate of interest at which central bank of a country provides refinancing facilities to commercial banks. The bank rate, a benchmark rate at which RBI...

(c) Federal Bank is a major Indian commercial bank in the private sector, headquartered at Kochi, Kerala.

(a) Repo Rate is the rate at which commercial banks borrow funds from RBI. A reduction in the repo rate will help banks to get money from the central bank...

(c) Miscellaneous functions of commercial banks in India include : Transfer and collection of funds, purchase and sale of shares on behalf of customers, acting as executors and transfers of...

(d) The Reserve Bank of India is the main monetary authority of the country and beside that, in its capacity as the central bank, acts as the bank of the...

(d) The draught prone area programme is by ministry of Rural development to minimise the adverse effects of drought on production of crops and livestock and productivity of land, water...

Bank rate is the rate at which central bank offers loans to the Commercial Banks as a lender of last resort. During inflation, when supply of credit is to be...

Bank rate is the rate at which central bank offers loans to the Commercial Banks as a lender of last resort. During inflation, when supply of credit is to be...