Scholars Commerce Academy

Use available resources efficiently to get best output

Rules of Debit and Credit:

Class XII Commerce Students join the group
https://www.facebook.com/groups/1059561184417311/?ref=share

RBI Governor Mr. Shashikant Das's Press Highlights :

1. Repo rate reduced by 75 basis points to 4.4%
2. Rev repo reduced by 90 basis points to 4%
3. GDP growth for Q4 19-20 and FY 20-21 to be affected
4. Aggregate demand may weaken
5. Future outlook uncertain and negative
6. CRR reduced by 100 basis points to 3% for 1 year to release 1.37 lakh crores
7. Min daily CRR balance reduced from 90% - 80% till 30/06/2020
8. 3.74 lakh crore liquidity injected
9. 3 month moratorium on payment of instalments of Term Loan outstanding
10. Interest on WC facilities to be deferred by 3 months
11. Such deferment not to be considered for NPA
12. Revised DP calculations by reassessing WC cycle
13. All measures not to effect credit history
14. Total liquidity injection 3.4% of GDP

Some instructions from CBSE for class X and XII students

Wish you all a very happy 2020

May the auspicious festival of lights, beautifully illuminate every corner of your life by adding sparkling moments of Love, Happiness, Success, and Joy.
Wishing you all a Very Happy ✨🎉Diwali.✨🎉

Condition of Indian Economy

Difference between Boss and Leader