The Reserve Bank of india recently issued guidelines allowing minors over 10 years of age to operate bank accounts independently with a view to :
As consumer banking frauds are on the rise, a Reserve Bank of India(RBI) group has suggested the use of PKI in order to payment system in the country. The abbreviation ‘PKI’ stands for :
The amount specified as the Cash Reserve Ratio(CRR) is held in cash and cash equivalents and is stored in bank vaults or parked with :
The RBI policy rate which is purely an indicative rate used by the Reserve Bank of India to signal long-term outlook on interest rates is :
The Reserve Bank of India has been critical of Home Loan products with comparatively low interest rates in the initial year but higher in the subsequent years, which are popularly known as the :
Devaluation of currency leads to :