What is the difference between Micro economics and Macroeconomics?
Microeconomics refers to supply and an individual market. On the other hand, macroeconomics is the study of a national economy as a whole. The key differences between micro and macroeconomics are distinguished as follows. Microeconomics Macroeconomics Microeconomics studies the particular market segment of the economy Macroeconomics studies the whole economy, that covers several market segments…
Read articleMandatory SLR requirement for banks reduced
Latest edit: RBI has decided to reduce statutory liquidity ratio, the portion of funds which banks are required to park in treasury bills and other instruments, by 0.25% every quarter beginning January. The calibrated reduction in statutory liquidity ratio (SLR) will continue till it reaches18%. The first reduction of 25 basis points taken effect in…
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Explained: Money, money supply and money supply curve
Economists worldwide have noticed a strong correlation between the inflationary trend and the growth of money in circulation in a point in time. Thus, a government that is in principle responsible for currency notes and coins issued by it, is answerable to its citizen and gets their value by dint of regulation or law. For…
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What are conditions and warranties in contract of sale?
The contract of sale of goods contains certain terms/stipulations for fulfillment of that contract. Such stipulations that are important for fulfillment of the contract are called “Conditions”. Whereas the stipulations contained in the contract which may not be very essential for fulfillment of the contract are called warranties. Therefore, we may describe that the condition…
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What is the difference between underwriter and investment banker?
Underwriting is a process generally takes place in initial public offerings (IPO). The underwriter to an IPO guarantees payment in case of damage or financial loss to the share issuing company. The under writer may accept financial risk for liability either on firm commitment or best effort basis. Here best efforts means that the underwriters…
What are the latest guidelines on Priority sector lending and targets?
Updated on September 4, 2020: RBI revised priority credit lending guidelines. In the new guidelines, Bank finance to start-ups (up to ₹50 crores); loans to farmers for installation of solar power plants for solarisation of grid-connected agriculture pumps, and loans for setting up Compressed Bio-Gas (CBG) plants have been included as fresh categories eligible for…
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