According to the report of Global Investment Trends Monitor released by United Nations Conference on Trade and Development (UNCTAD) on 29th January 2015, Global Foreign Direct Investment inflows declined by 8% in the year 2014.
Bank exams and interviews are now almost over – I know we still have the IBPS Clerical Interviews left – but it’s sort of over. What is coming up all fresh and new in 2015’s employment calendar is the Insurance Companies and recruitment!
LIC, New India Assurance, National Insurance Company, General Insurance Corporation of India, United India Insurance are already out with their recruitment notices and some have already started the selection process with interviews scheduled in February!
Monetary Policy is a Policy made by the central bank(RBI) to control money supply in the economy and thereby fight both inflation and deflation. It helps maintain price stability and achieve high economic growth. To Combat Inflation RBI reduces Money Supply (Tight/Dear Money Policy). To Combat Deflation RBI increases Money Supply (Easy/Cheap Money Policy).
RBI implements monetary policy using certain tools. These are Quantitative Tools and Qualitative Tools. Quantitative Tools are Reserve Ratios(CRR,SLR) , OMO(Open Market Operations) and Rates(Repo , Reverse Repo , Bank Rate , MSF).
A cheque is an unconditional order addressed to a banker,signed by the person who has deposited money with a banker,requesting him to pay on demand a certain sum of money only to the order of certain person or to the bearer of the instrument.