Gk knowledge punjab
Century’s Longest Total Lunar Eclipse will occur on - July 27-28
- Highest peak of the world – Mount Averest
- Height of Mount Averest – 8848
A certain percentage of the total bank deposits has to be kept in the current account with RBI which means banks do not have access to that much amount for any economic activity or commercial activity – Cash Reserve Ratio(CRR)
- The amount of money that is invested in certain specified securities predominantly central government and state government securities - SLR, statutory liquidity ratio
- Money in a bank that can be withdrawn at any time, that is, on demand - Demand Deposits
- Income that can be spent after taxes - Disposable Income
- Policy enacted by the government that increases output. Examples include lowering taxes and increasing government spending -Expansionary Fiscal Policy
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