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banking terms

By Victor S. Fischer
  ✍️ CRR Cash Reserve Ratio is the minimum fraction of total deposits of a bank’s customers that banks have to hold as reserves with the central bank. ✍️ SLR Statutory Liquidity Ratio is the ratio of liquid assets to the net demand and time liabilities. ✍️ LAF Liquid Adjustment Facility is a tool to allow banks to borrow money through repurchase agreements. It consists of repo and reverse repo operations. ✍️ MSF Marginal Standing Facility allows scheduled banks to borrow funds overnight from RBI against approved government securities. ✍️ MSS Market Stabilization Scheme is a monetary policy intervention by RBI to withdraw excess liquidity by selling government securities in the economy. ✍️ OMO Open Market Operations refers to the buying and selling of government securities in the open market so as to expand or contract the amount of money in the banking system. ✍️ REPO Repo...
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One Word Substitution : Important

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One Word Substitution

  1. Wardrobe – a place for clothes
  2. Greenhorn - A person who is new to or inexperienced at a particular Activity.
  3. Glitch - Suffer a sudden Malfunction or fault.
  4. Gentry- People of good social position.
  5. Gamut- The complete range or scope of Something.
  6. Glutton - An excessively greedy eater.
  7. Graminivorous -Feeding an grass.
  8. Gynaecologist - One who is well versed in the science of Female ailments.
  9. Genocide- The deliberate Killing of a large group of people.
  10. Garrulous- one who talks too much.
  11. Genocide- The deliberate killing of a large group of people.
  12. Grandiloquence- Using a pompous style of Speech.
  13. Gullible- Easily persuaded to believe something.
  14. Gratis- without charges ; free of cost.
  15. Gerontology- The scientific study of old age.
  16. Indemnity- Compensate for loss and damage.
  17. Circumlocation- To talk much without coming to the point.
  18.  Introspection- To examine one`s own thought and feeling.
  19. Triennial- That which happens once in three year.
  20. Fortnight- A period of two weeks.
  21. Epidemic- Daises that effects a wide area.
  22. Sinology- The study of Chinese language ,literature and arts.
  23. Terrestrial-  Animal which lives on land only.
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By Victor S. Fischer

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By Victor S. Fischer
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By Victor S. Fischer
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The Revolt of 1857

By Victor S. Fischer
Political Causes The policy of Doctrine of Lapse Economic Causes heavy taxation, evictions, Discriminatory Tariff Policy against Indian products and destruction of traditional handicrafts that hit peasants, artisans and small zimindars. Military Discrimination as Indian soldiers were paid low salaries, they could not rise above the rank of subedar and were racially insulted. Grievances of Sepays:  The introduction of Enfield rifles, andits cartridge of which was greased with animal fat, provided the spark. British social reforms ( widow remarriage, abolitionof sati, education for girls, Christan missionaries). Cause of Failure The Nizam of Hyderabad, the Raja of Jodhpur, Scindia of Gwalior the Holkar of Indore, the rulers of Patiala, Sindh and Kashmir and the Rana of Nepal provided active support  to the British. Comparative lack of efficient leadershi...
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