✍️ 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...
In this article, we have explained Northern India of 8th - 10th century. Many questions are asked about Palas, Pratiharas, and Rashtrakutas in SSC Exams Northern India – Age of three empires (8 th to 10 th Century) The struggle for domination – the Palas, the Pratiharas and the Rashtrakutas – tripartite struggle There was a common struggle between these kingdoms over the control of Kannauj which enabled them to control the fertile upper Gangetic plains The Palas They dominated Eastern India. Founded by Gopala in 750 AD and succeeded by Dharam Pala. The Pala rulers were defeated by the Prathiharas and Rashtrakutas in the North. They were patrons of Buddhism. Dharampala revived the Nalanda University by setting aside 200 villages for its expenses. He also founded Vikramashila University and built many Viharas for Buddhist monks They had trade contacts and cultural links with South-East Asia. ...
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