Notes and Study material for Exams
Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and Financial Inclusion Priority Sector Lending: Introduced from 1974 with Public Sector Banks. Extended to all Commercial Banks by 1992 In the revised guidelines for PSL the thrust is … Read more
Rajasthan Mineral Policy 2015 – Rajasthan may put about 400 small size mining leases of Minerals like granite,marble and quartz under the hammer in 2015 as it looks to expand its area under mining as well as increase revenue. – 9% of total mineral production in the country, is also exploring joint ventures (JV) … Read more
The Merging Landscape: A Deep Dive into Bank Mergers The financial world is a dynamic ecosystem, constantly evolving in response to market forces, technological advancements, and regulatory shifts. One of the most prominent trends in recent years has been the surge in bank mergers, a phenomenon driven by a complex interplay of factors. This article … Read more
The P.J. Nayak Committee: A Landmark Report on Corporate Governance in India The Indian corporate landscape has witnessed significant transformations over the years, driven by factors like globalization, technological advancements, and evolving investor expectations. This evolution has brought to the forefront the crucial role of corporate governance in ensuring transparency, accountability, and ethical conduct within … Read more
68.84% of the Population in India is rural based and majority of them depends on agriculture for a living. Enhanced and stable Growth of the agriculture sector is important as it plays a vital role not only in generating purchasing power among the rural population by creating on-farm and off-farm EMPLOYMENT opportunities but also through … Read more
The Narasimham Committee – II: Reshaping India’s Financial Landscape The Indian financial sector, in the early 1990s, was characterized by a complex web of regulations, inefficient institutions, and a lack of competition. This stifled innovation, limited access to credit, and hampered economic growth. Recognizing the need for a radical overhaul, the Indian government appointed the … Read more
Rural Cooperative Banks: Pillars of Financial Inclusion in Rural India Introduction: India’s rural landscape is a tapestry of diverse communities, each with its unique needs and aspirations. For decades, financial inclusion has been a cornerstone of development efforts, aiming to empower rural populations by providing access to essential financial services. Rural Cooperative Banks (RCBs) have … Read more
Understanding the Base Rate: A Foundation for Informed Decision-Making The base rate, a seemingly simple concept in statistics, plays a crucial role in various fields, from medical diagnosis to financial forecasting. It represents the prior probability of an event occurring, independent of any other information. This fundamental understanding forms the basis for informed decision-making, helping … Read more
Swabhimaan: Empowering Financial Inclusion in India Introduction Financial inclusion, the ability of individuals and households to access and utilize a range of financial services, is a cornerstone of economic development. In India, a nation with a vast and diverse population, financial inclusion has been a long-standing challenge. The traditional banking system has often failed to … Read more
Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding Money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more