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Economics
Banking Question Answers
The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is _________.
The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is _________.
daily
weekly
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When did the National Bank of Agriculture and Rural Development establish?
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Deposits mobilised by the banks are utilised for. (i) loans and advances(ii) investment in government and other approved securities in fulfilment of liquidity stipulation(iii) investment in commercial paper, shares, debentures up to stipulated ceilings(a) only (i)(b) both (ii) and (iii)(c) All the above(d) None of the aboveView Answer / Hide AnswerANSWER: (c) All the above Deposits mobilised by the banks are utilised for loans and advances, investment in government and other approved securities in fulfilment of liquidity stipulation, and investment in commercial papers, shares, debentures up to stipulated ceilings. After the nationalisation of major commercial banks in the country, there has been marked expansion in their business, both with regard to the bank deposits as well as the bank credit. The accretion of deposits was primarily on account of time deposits which increased substantially despite the downward movement of the interest rates and reflected the “safe haven†sentiment.
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