Earlier,State Bank of Sikkim was not not under the regulatory purview of the Reserve Bank of India (RBI). Recently, even State Bank of Sikkim was... View Article
Some of the most popular small finance banks in India are Ujjivan Small Finance Bank, Equitas Small Finance Bank, ESAF Small Finance Bank, etc.... View Article
Small Finance Banks were established with the objective of achieving financial inclusion. Small finance banks focus on providing credit to the... View Article
Borrowers who purchase assets will lose because, during deflation, assets lose their worth. During deflation, the lenders will not lend money as... View Article
The general rise in prices of goods and services is known as inflation. Moderate inflation is healthy for economic growth, but high inflation is... View Article
Some of the steps taken to solve the problem of deflation are cutting tax rates, reducing target interest rates, reducing the reserve limits of... View Article
Deflation reduces production of goods and services due to reduction in demand for goods and services from the consumers. Reduction in production... View Article
Inflation is better than deflation. Deflation completely ruins the economy, whereas moderate levels of inflation helps in the growth of the... View Article
Deflation is definitely an economic problem because the lower prices completely impacts the growth of the economy. It will lead to reduced... View Article
Deflation is worse than inflation because deflation is an indication that the economy is not growing. The prices of goods and services fall down... View Article
Deflation can be controlled by using various monetary policy measures. Quantitative easing, cutting tax rates, lowering interest rates, open... View Article
Deflation occurs in the economy when the prices of goods and services start falling. This happens due to reduced demand for the goods and... View Article
The Reserve Bank of India (RBI) uses various instruments of monetary policy to control inflation and deflation. You can read about the Inflation... View Article
Consumers will benefit from deflation in the short term, because the prices of goods will reduce. This not only increases the purchasing power of... View Article
Deflation happens when there is less money in circulation in the economy. This happens when consumer spending reduces a lot. As a result... View Article
Deflation is very bad for the economy of a nation. Deflation happens due to falling prices which is the result of lower spending by consumers.... View Article
Yes, mobile banking facilities can be availed in Pradhan Mantri Jan Dhan Yojana (PMJDY). Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched by... View Article
Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched by the Government of India on 28th August 2014. This was launched with the objective of... View Article
People can check their Pradhan Mantri Jan Dhan Yojana (PMJDY) account either through the website of the Public financial management system or by... View Article
UPSC Current Affairs Preparation: The Hindu Analysis Watch expert analysis of ‘The Hindu’ dated 6th Oct 2021. Important news and views to boost... View Article
