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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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International Boundary Lines

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Radcliffe Line ‐ This boundary line is between Indiaand Pakistan drawn by Sir Cyril Radcliffe in 1947.

Durand Line - It is between Pakistan and Afghanistan

McMahon Line ‐ The boundary line between India and China to which China does not approve.It was demarcated by Sir Henry McMahon

24th Parallel ‐ The line which Pakistan claims should be the Demarcation line between India and Pakistan,not accepted by India.

Hindenberg Line ‐ Boundary line between Germany and Poland to which German retreated in 1917 during the First World War.

Oder‐Neisse Line ‐ The boundary line between Poland and East Germany.

Mannerheim Line - It is between Russia and Finland.

Maginot Line - The boundary line is between France and Germany.

Siegfrid Line - The boundary line is between France and Germany.

17th Parallel ‐ The line which defines the boundary between North Vietnam and South Vietnam before the two were united.

38th Parallel ‐ The boundary line between North Korea and South Korea.

49th Parallel ‐ It is the boundary line between the United States of America and Canada.

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