✍️ 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...
Heat energy is generated when current flows through a conductor. The heating effect of an electric current depends on below-given factors: The resistance, R of the conductor= A higher resistance produces more heat. The time, t for which current flows= The longer the time the larger the amount of heat produced The amount of current, I= Higher the current, larger the amount of heat generated. Joule’s Equation of Electrical Heating Hence the heating effect produced by an electric current, I through a conductor of resistance, R for a time, t is given by H = I 2 Rt. This equation is called the Joule’s equation of electrical heating. Electrical energy and power The work done in pushing a charge around an electrical circuit is given by Work= VIt So that power, P = Work /t = VI The electrical power consumed by an electrical appliance is given by P = VI = I 2 R = V 2 /R Numerical An electrical bulb has 100W & ...