To provide a focal point for central bank (RBI) intervention for influencing liquidity and general level of interest rates in the economy is an important function of

Related MCQs

• There is a close link between the interest rates in two countries and the forward rate premium or discount. The theory about this is :
• What type of relationship is there between call rates and short-term money market instruments such as CDs and CPs?
• An act of buying currency in one market at a lower price and selling it in another at higher price resulting in equilibrium in exchange rates of different currencies is called _________________.
• ____________ was set up, as a strong need was felt to protect the interest of investors and to have a systematic and organized working of the securities market in India.
• The purchase and sell of which of the following instrument is effected through Subsidiary General Ledger (SGL) account?
• According to Fisher effect, the nominal rate is equal to the real interest rate plus an adjustment for ______________
• Part of Profit transferred to General Reserve will be shown on the debit side of _________
• Which of the following is an important tool to finance credit sales?
• _______________ is an important tool to finance credit sales?
• Credit Rating performs the function of credit risk evaluation reflecting the borrower’s expected capability to repay the debt as per terms of issue.