Industrial Reconstruction Bank of India (IRBI)
About: (i) Industrial Reconstruction Corporation of India (IRCI) was established to provide financial…
State Financial Corporations (SFC)
About: v SFC was established in 1951 after three years of the establishment…
CENTRAL BANK
Central Bank may be defined as an institution charged with the responsibility…
Credit Creation by Commercial Bank
• A commercial bank is called a dealer of credit. • It can create…
Exceptions to the law of demand
Conspicuous goods: These are certain goods which are purchases to project the status…
Essentials of a Sound Banking System
A sound banking system promotes all round economic development of an economy.…
Functions of a Commercial Bank
• Modern commercial banks perform a variety of functions and provide a…
LIQUIDITY PREFERENCE AND MARGINAL EFFICIENCY
Liquidity preference refers to the demand for money, considered as liquidity. The…


