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Abbreviations for bank exam

VAR- Vector Autoregressive BVAR- Bayesian vector autoregressive ADs- Authorised Dealers FERA- Foreign Exchange Regulations Act LERMS- Liberalized Exchange Rate Management System FEMA- Foreign Exchange Management Act CCIL- Clearing Corporation of India Limited MSS- Market Stabilisation Scheme KYC- Know-Your-Customer ECB- External Commercial Borrowings FEDAI- Foreign Exchange Dealers’ Association of India CCIL-…

Prompt Corrective Action (PCA)

Prompt Corrective Action (PCA) by RBI on Bank Prompt Corrective Action (PCA) Banking Questions Test (MCQ)- 07         Banking Questions Test (MCQ)- 08   Banking Questions Test (MCQ)- 12   Banking Questions Test (MCQ)- 11   Banking Questions Test (MCQ)- 10   Banking Questions Test (MCQ)- 09…

monetary policy committee

Monetary Policy Committee (MPC)

Constitution of the Monetary Policy Committee under the Reserve Bank of India Act, 1934   The Reserve Bank of India Act, 1934 (RBI Act) has been amended by the Finance Act, 2016, to provide for a statutory and institutionalised framework for a Monetary Policy Committee, for maintaining price stability, while…