General Knowledge
Last Updated: January 31, 2012
Anonymous said on November 30th, 2010

good job .... keep it up sir.... u r the best

Anonymous said on December 1st, 2010

RBI not allow any interest on reserve ration(SLR CRR )
is it correct sir
i think it is correct

Anonymous said on December 1st, 2010

Sir, could u explain that Broad Money question?? How did we get 1895?

Admin said on December 1st, 2010

It is correct. What you think is NOT correct.

SLR is the reserves that bank keep with themseleves. So no interest because they themselves keep that for statutory requirements.

Reserve Bank of India does not pay any interest on the CRR balances maintained by Scheduled
Commercial Bank's with effect from June 24, 2006 as per the amendment carried out to RBI Act 1934, omitting
sub-section (1B) of section 42. Further, Reserve Bank of India does not pay any interest on the CRR balances maintained by Scheduled PCBs (Primary Cooperative Banks) with effect from March 31, 2007. So this statement is correct

Anonymous said on December 11th, 2010

Sir, Could you please explain the broad money question. Haven't understood how we got 1895.

Anonymous said on December 12th, 2010

can u define q. no. 5 of quiz no. 460 ?

POOJA said on January 7th, 2011

GOOD JOB SIR. IT HELPED ME A LOT

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