It is a method by which banks borrow from each other to be able to maintain the cash reserve ratio.

Related MCQs

• The market which helps commercial banks to maintain their SLR requirement is
• Corporations borrow for the short term by issuing:
• The value of assets held by commercial banks in 2001 was $6.7 trillion dollars, making commercial banks the
• It serves as an intermediary between the investor and the depository who is authorised to maintain the accounts of dematerialised shares.
• PK Enterprises Limited has sold an entire lot of 5,00,000 equity shares @ ₹9 each to Prosperous Bank Private Limited. The bank in turn will offer the shares to general public for subscription @ ₹11 per share. Identify the method of floatation being described in the given lines.
• Which of the following is a cash asset?
• Which among the following was set up by RBI in 1988 jointly with public sector banks and all India Financial Institutions to develop the money market & provide liquidity to money market instruments as sequel to Vaghul Working Group recommendations?
• Which of the following statements is/are correct? 1. NBFCs does not hold a banking license. 2. NBFC can issue Demand Drafts like banks.
• Indian Banks Association (IBA) has a common networking system for sharing the ATM facilities in Mumbai, which is known as
• Cash is --------------asset