Aartee Mishra is teaching live on Unacademy Plus
aily Lectuire Series Ramesh Singh's brief summary o unacadeny 1 y Aartee Mishra Indian -Economy Banking in India-B Hindi .
lam Aartee Mishra Graduated from Delhi University, Topper in all my semesters, Pursuing P.G and preparing for CSE. 2 Years of teaching experience of General Studies for competitive examination Have been teaching on Unacademy Plus
CREDIT AND MONETARY POLICY To control inflation and the growth, RBI uses certain tools like CASH RESERVE RATIO, STATUTORY LIQUIDITY RATIO, REPO RATE, and REVERSE REPO RATE CRR (When CRR rate is 6%) BANK RBI CRR60 Deposit 1111 1000 940 Balance The current CRR is 4%. If RBI cuts CRR in its next monetary policy review then it will mean banks will be left with more money to lend or to invest. So, more money can be released into the economy which may spur economic growth.
What is Statutory Liquidity Ratio (SLR)? -Besides CRR, Banks have to invest certain percentage of their deposits in specified financial securities like Central Government or State Government securities. This percentage is known as SLR This money is predominantly invested in government approved securities (bonds), Gold, which mean the banks can earn some amount as 'interest on these investments as against CRR where they do not earn anything
What is Statutory Liquidity Ratio (SLR)? So to meet both CRR and SLR requirements, bank have to earmark Rs 260 (Rs 60 + Rs 200). SLR (When SLR rate is 20%) ANK SLR 200 1000 Deposit 800 Balance Higher reserve requirements such as SLR make banks relatively safe (as a certain portion of their deposits are always redeemable) but at the same time restrict their capacity to lend. To that extent, lowering of reserve requirement increases the resources available with a bank to lend and helps control inflation and propels growth Interest CRR SLR (When CRR rate is 6% + SLR rate is 20%) RBI BANK CRR SLR 60 + 200 1000 Deposit 740 Balance Distribute as Individual Corporate Loan
Ancient & Medieval History From Harappa to Revolt of 1857 with brief Art and Culture (Prelims & Mains) ^ unacademi Aartee Mishra Detailed Coverage of each and every topic from Ancient to Medieval India Short Crisp Notes for better Revision Test Series Course Starting from, 30th July 9:30pm-10:30pm on Unacademy Plus
NCERT Class 6-12 Summary of All the Subjects Prelims & Mains Subjects Covered Aartee Mishr Polity: Governance, Society, Public Administration Geography: Indian and World Geography, All Important Maps, Physical and Political Features, Disaster Management History: Ancient, Medieval, Modern with Art & Culture Economics: Basic Concepts, Understanding Economic Development Science: Important Chapters of Environment and Ecology Course Starting from, 25th July 9:30pm-10:30pm on Unacademy Plus
Meet you in Next Lesson Do remember to download the Unacademy Learning Appfrom the Google Playstore Do Subscribe to Unacademy's Youtube Channel Wi