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4. Revolution of the Earth
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A statutory reserve is an amount of
cash a financial institution, such as
a bank, credit union, or insurance
company, must keep on hand to
meet the obligations incurred by
virtue of accepting deposits and
premium payments. The statutory
reserves required of banks and
credit unions are generally set by
the nation's central bank, and those
required of insurance companies are set by statute or regulation by
the national, state or provincial
government or regulatory
authority. Calculated in various
ways, statutory reserves are
required to ensure that financial
institutions are capable of paying
claims even in a calamitous
situation.
What is/are the facility/facilities the
beneficiaries can get from the services
of Business Correspondent (Bank Saathi)
in branchless areas ?
1. It enables the beneficiaries to draw
their subsidies and social security
benefits in their villages.
2. It enables the beneficiaries in the
rural areas to make deposits and
withdrawals.
Select the correct answer using the code
given below.
(a) 1 only (b) 2 only
(c) Both 1 and 2 only (d) Neither 1 nor 4
MSF rate or Marginal Standing Facility rate is the interest rate at which the Reserve Bank of India provides money to the scheduled commercial banks who are facing acute shortage of liquidity. This rate differs from the Repo rate and the banks can get overnight funds from RBI by paying the exclusive MSF rate.

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Delhi
1100011
M Block, Saket
Delhi, 110017
Amity International School, Saket is a renowned school of Delhi which aims at nurturing individuals
Delhi, 110003
IILM Institute for Higher Education is one of the most modern, purpose built business school in the country. This page is meant for the Post Graduate Programme within IILM
113A Shahpur Jat
Delhi, 110049
113 Shahpur Jat (Near Sirifort Auditorium) New Delhi-110049 For Admissions -(9899785330) (9899252006)
Paschimi Marg, Vasant Vihar
Delhi, 110057
Tagore International School was founded by Dr. Mrs. H. Sen in 1969.If you are/were a Tagorean from Vasant Vihar or just curious to know how we function become a fan of this page.Don't forget to suggest this page to other Tagoreans.
13-B, Indraprastha Estate
Delhi, 110002
The Aeronautical Society of India comprising of eminent scientists and engineers is a highly acknowledged professional body dedicated to the growth of aerospace activities in India. The Hyderabad branch of the society has always played a vital role
Lodhi Estate
Delhi
SPV Alumni Network is a network of students from Sardar Patel Vidyalaya,New Dehi
Delhi, 110092
As an Institute of excellence in the field of management studies and technical education, GBS has always strived to rework the curriculum in consonance with the changing needs of the corporate world.
K-42 Connaught Place
Delhi, 110001
CADD Centre is the largest CAD, CAE, Graphics and Project Management training Institution in Asia Pacific.Our courses are industry specific and have immediate relevance and use in the industrial world.
2250 Ground Floor, Hudson Lane
Delhi, 110009
We provide the following services: -: Meditation & Stress Management Sessions -: Empathy Groups -:
Sector-14 Rohini
Delhi, 110085
The Offical page by BBPS students for BBPS students - Present and Pass-outs.