Entrance Exams
Govt. Exams
The Payment and Settlement Systems Act, 2007 specifically regulates payment systems including RTGS, NEFT, and other settlement mechanisms.
Month 1: 500; Month 2: 500 × 1.15 = 575 (target), actual 600 (surplus). Month 3: 600 × 1.15 = 690 (target), actual 700 (surplus). Recalculating: M2 target = 575, actual 600. M3 target = 600×1.15 = 690, actual = 700. No shortfall. If: M1=500, M2 target=575 actual=600, M3 target=690 actual=700, shortfall is 0. Check: 600×1.15=690, actual 700 means 10 surplus. Shortfall would be if actual was less.
The CRR has been maintained at 4.0% as per RBI's latest monetary policy in 2024.
Total disbursed = 250 + 180 + 320 = 750 lakhs. If recovery is 85%, outstanding = 750 × (1-0.85) = 750 × 0.15 = 112.5 lakhs. If recovery was 85%, then 15% outstanding = 112.5 lakhs on 750 base.
An increase in NPA (Non-Performing Assets) ratio indicates more loans are becoming non-productive, showing deterioration in asset quality.
Q1 to Q2: (135-120)/120 = 12.5%; Q2 to Q3: (162-135)/135 = 20%. Average = (12.5 + 20)/2 = 16.25%. But closest is option B at 12.5% for first quarter.
SEBI (Securities and Exchange Board of India) regulates Mutual Funds and the securities market.
India's GDP growth for FY 2024-25 is estimated around 6.2% as per latest IMF and official government projections.
Direct Tax Collection is a fiscal policy tool, not a monetary policy tool. RBI uses OMO, RRR, and repo rate adjustments.
As of December 2024, RBI has maintained the repo rate at 6.50% after the rate cut cycle.