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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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Universe

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  • The universe is commonly as the totality of everything that exits, including all physical matter and energy, the planet, stars, Galaxies, and the contents of intergalactic space.
  • The study of Universe is Cosmology.
             Cosmology= cosmos [universe] + logos [science]
  • The universe has no limits.

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By Victor S. Fischer
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By Victor S. Fischer
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THE FUNDAMENTAL RIGHTS (12-35)

By Victor S. Fischer
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