✍️ 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...
Rocks: The solid part of the earth crust is called rocks. Rocks may not always necessarily be hard. Minerals are obtained from rocks. Types of Rocks: Igneous Rocks: Igneous rocks are crystalline solids which form directly from the cooling of magma. This is an exothermic process (it loses heat) and involves a phase change from the liquid(magma) to the solid state. The earth is made of igneous rock - at least at the surface where our planet is exposed to the coldness of space. Igneous rocks are given names based upon two things: composition (what they are made of) and texture (how big the crystals are). These rocks are harder and granular . There is no layer in igneous rocks and fossils are not found in igneous rocks. Rocks formed by the cooling of the molten matter beneath the earth surface are called intrusive igneous rocks and are crystalline rocks. ...