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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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The Solar System

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Solar System Key Fact

  • The Solar System consist of the Sun, The Eight Planets, and their satellites (moon), thousand of other smaller heavenly body such as Asteroid, Comets, and Meteors.
  • The Sun is at the center of the Solar System and all the these bodies are revolving around it.
  • The Gravitational pull off the sun keeps all the Planets and Other objects revolving around it. Thus, the motion of all the member of the Solar System is governed by mainly the gravitational force of sun.
  • Planets revolve around the sun in elliptical orbit.
  • In the Solor System the planet nearest to the Sun is Mercury and the fastest from the Sun is Neptune (bot pluto)
  • The size of summit system has been estimated to at about 10^5 A.U.
  • The Solor System is dominated by the sun which account for almost 99.8% of the matter in the whole Solor System.
  • The sun is also the source of all the energy in the Solor System.
  • Pluto is a Dwarf Planet.
  • Mercury,Venus, Earth, Mars, are called Terrestrial planet and Jupiter, Saturn, Uranus, and Naptune are called gaseous olanet.




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Inflation: Types, Causes, Effects and Remedies

By Victor S. Fischer
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By Victor S. Fischer
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