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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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Water Transport

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India has an extensive network of inland waterways in the form of rivers, canals, backwaters and creeks. The waterways of the country have been divided into internal waterways and oceanic waterways.

The following waterways have been declared as National Waterways:

NW1- Allahabad to Haldia - 1620 Km

NW2- Sadia to Dhubri on Brahmaputra River - 891 Km

NW3- Kollam to Kottapuram - 168 km

NW4- Kakinada to Marakkannam along Godavari and Krishna river - 1095 km

NW5- Mangalgarhi to Paradeep and Talcher to Dhamara along Mahanadi and Brahmini - 623 Km

12 - Major Ports in India
Western Coast

Tidal Port – (Child of Partition) – Gujarat

Mumbai – (Busiest and biggest) - Maharashtra

JL Nehru- (Fastest growing) - Maharashtra

Marmugao – (Naval base also) – Goa

Mangalore – (Exports Kudremukh iron–ore) – Karnataka

Cochin – (Natural harbour) – Kerala

Eastern Coast

Paradip - (exports raw iron to japan) - Odisha

Vishakhapatnam – (deepest port) – Andhra Pradesh

Chennai – ( Most modern in private hands) – TamilNadu

Ennore – (Most modern in Private hands) - Tamil Nadu

Tuticorin - (Southernmost) – Tamil Nadu

Port Blair – (Strategically important) - Andaman andNicobar Islands

Air Transport
JRD Tata was the first person to take a solo flight form Mumbai to Karachi in 1931.

In 1935, the ‘Tata Air Lines’ started its operation between Mumbai and Thiruvananthapuram and in 1937 between Mumbai and Delhi.

In 1953, all the private airline companies were nationalized and Indian Airlines and Air India came into existence.

Vayudoot Limited started in 1981 as a private air carrier and later on it merged with Indian Airlines.

International Airports Authority of India and National Airports Authority were merged on 1995 to form Airports Authority of India.

The Authority manages the Civil Aviation Training College at Allahabad and National Institute of Aviation Management and Research at Delhi.

12 - International Airports in India

Rajiv Gandhi International Airport – Hyderabad

Calicut International Airport – Calicut

Chhatrapati Shivaji International Airport - Mumbai

Kempe Gowda International Airport – Bengaluru

Goa Airport in Vasco di Gama city - Goa

Netaji Subhash Chandra Bose International Airport – Kolkata

Thiruvananthapuram International Airport – Thiruvananthapuram

Lokpriya Gopinath Bordoloi International Airport – Guwahati

Sardar Vallabh Bhai Patel International Airport – Ahmedabad

Indira Gandhi International Airport – Delhi

Chennai International Airport – Chennai

Shri Guru Ram Dass Jee International Airport – Amritsar


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By Victor S. Fischer

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