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Premium paid on the Joint Life Policy of the partners is
In Net Operating Income Approach, which one of the following is constant?
Which of the following items will have credit balance?
Which of the following statements are true in context of Development Financial Institutions (DFls) in few years after economic reforms in 1991? 1. DFls such ICICI, IDBI and IFCI had a huge pile of bad loans. 2. DFls no longer had access to low-cost long-term funds from the government or the central bank to finance large infrastructure projects. They were forced to borrow at higher rates from the market. 3. Banks began financing infrastructure projects, that was actually out of their mandate. 4. RBI established a committee under S. H. Khan for transition of DFIs into universal banks. 5. ICICI Bank and IDBI went for reverse merger in a quest to create Universal Banks.
What will be the effect of reduction in statutory liquidity ratio of banks by the central bank?