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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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Demat-Account
Finance

As users, we often get confused between different types of account like a savings account, current account, demat account, capital account, personal account and many more. Due to a variety of accounts, it is difficult to be a aware user and citizen. To help you with this problem, we have covered demat account briefly in this blog. What is a ‘Demat’ account? A demat account which is also known as ‘Dematerialised account’ is used to hold securities and shares in an electronic form. It is especially useful in online tradingSEE DETAILS

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Three-Golden-Rules-of-Accounting
Finance

For a beginner in the field of accounting, one is required to go through the tough choice of selecting the rule. The universal, Traditional or British Approach of Debit/Credit, is considered as the best approach for new entrants in the field of accounting in Indian School Curriculum. And the other one, Modern or American approach, is considered as a practical based approach. In Traditional Approach, the key concept is to classify various accounts under two broad categories, i.e., Personal and Impersonal Accounts which we will discuss further in detail.  Whereas, Modern Approach uses the Accounting Equation toSEE DETAILS

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