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Kisan-Vikas-Patra
government yojana

India Post apart from its postal communication services has an array of services related to finance which includes saving schemes of the Indian government. One of such saving schemes is Kisan Vikas Patra. It is widely popular amongst the lower income group as it not only gives them a safe investment vehicle but also an instrument that doubles their amount within the tenure. In India, where people do not have a proper idea of saving especially in the lower income group, saving schemes of this nature helps a lot. Especially,SEE DETAILS

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Statutory-liquidity-ratio-(SLR)
Finance, RBI, SLR

RBI uses many monetary policies for controlling and stabilizing the economy and one among them is SLR. The primary goal of the RBI is to make sure that prices of commodities are maintained at an optimum level and to administer the supply and demand of money flow into the economy. It uses instruments like credit ceiling, statutory liquidity ratio, cash reserve ratio, bank rate policy, open market operations, credit authorization scheme, repo rate, reverse repo rate, moral suasion, etc. Each of these instruments plays a significant role in operating theSEE DETAILS

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