0
To determine the value of 10 Indian Rupees (INR) in US Dollars (USD), you need to check the current exchange rate between the two currencies. As of my last update, the exchange rate fluctuates around 70-80 INR per USD, but this can vary. Therefore, 10 INR would be approximately 0.12 to 0.14 USD, depending on the current rate. For the most accurate conversion, it's best to check a reliable financial news source or currency converter.
What else can I help you with?
If the reserve rate is 10 and a bank receives a deposit of 320000 how much of the 320000 is the bank free to loan out?
If the reserve rate is 10%, the bank is required to keep 10% of the deposit as reserves. For a deposit of $320,000, the required reserves would be $32,000 (10% of $320,000). Therefore, the amount the bank is free to loan out would be $320,000 - $32,000 = $288,000.
Who signs the 10 rupee note?
The 10 rupee note in India is signed by the Governor of the Reserve Bank of India (RBI). As of my last knowledge update in October 2023, the signature would be that of the current RBI Governor. This signature authenticates the note as legal tender in India.
What is rtbs in net banking?
RTGS stands for Real Time Gross Settlement. It is an electronic funds transfer system available in India through the Reserve Bank of India. It is used for transfer of large sums of money (Usually greater than 10 lakhs) between bank accounts in India.
What is the difference in scheduled non scheduled banks?
a schedule bank is one authorized by reserve bank of India to act as a banker (under section 2 (e) of RBI Act. only scheduled banks can do banking business in India. RBI is has direct control over the functioning of Scheduled Banks. Non-scheduled bank in India are banks defined in section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank.
What you mean by statutory reserve that the banking companies are required to maintain?
It is the amount of money any bank has to maintain with the Reserve bank for every customer. Say you deposit Rs. 100 in ABC Bank, the bank cannot lend all the 100 bucks. They have to pledge a small amount say Rs. 10 with RBI and can lend only the remaining 90 and make an income out of that 90. This 10 bucks is the statutory reserve. The RBI modifies this reserve periodically.
Whose signature contains of 10 rupees?
Governor, Reserve Bank of India
Who sign on 10 rupee note reserve bank governor or state governor?
The signature on the 10 rupee note is that of the Reserve Bank of India (RBI) Governor, not the state governor. The RBI Governor's signature signifies the authority of the central bank in issuing currency. State governors do not have a role in the issuance of currency notes in India.
If the reserve rate is 10 and a bank receives a deposit of 320000 how much of the 320000 is the bank free to loan out?
If the reserve rate is 10%, the bank is required to keep 10% of the deposit as reserves. For a deposit of $320,000, the required reserves would be $32,000 (10% of $320,000). Therefore, the amount the bank is free to loan out would be $320,000 - $32,000 = $288,000.
How much percentage of the total time deposits of the banks is locked as statutory liquidity reserve in India?
10%
India's neighbouring countries and their currencies?
The currency used in India is the Rupee. The currency is distributed by the Reserve Bank of India and is available in several denominations such as 5, 10, 20, 50, 100, 500, and 1,000.
President of reserve bank of India?
The Reserve Bank does not have a President but has a Governor. The present Governor of Reserve bank of India is Duvvuri Subbarao. Some of the previous governors of RBI in reverse order are: 1. Y Venugopal 2. Bimal Jalan 3. C Rangarajan 4. S Venkitramanan 5. R N Malhotra 6. A Ghosh 7. Manmohan Singh 8. I G Patel 9. M Narasimham 10. K R Puri 11. N C Sen Gupta 12. S Jagannathan 13. B N Adarkar 14. L K Jha 15. P C Bhattacharya 16. H V R Iyengar 17. K G Ambegaonkar 18. Sir Benegal Rama Rau 19. Sir C D Deskmukh 20. Sir James Taylor 21. Sir Osborne Smith (The first governor)
Who signs the 10 rupee note?
The 10 rupee note in India is signed by the Governor of the Reserve Bank of India (RBI). As of my last knowledge update in October 2023, the signature would be that of the current RBI Governor. This signature authenticates the note as legal tender in India.
What is rtbs in net banking?
RTGS stands for Real Time Gross Settlement. It is an electronic funds transfer system available in India through the Reserve Bank of India. It is used for transfer of large sums of money (Usually greater than 10 lakhs) between bank accounts in India.
How much India has taken loan from world bank in this past 10 years?
Rs.17,00,00,00,000
How many ATM of united bank of India in India?
10
What is the difference in scheduled non scheduled banks?
a schedule bank is one authorized by reserve bank of India to act as a banker (under section 2 (e) of RBI Act. only scheduled banks can do banking business in India. RBI is has direct control over the functioning of Scheduled Banks. Non-scheduled bank in India are banks defined in section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank.
What you mean by statutory reserve that the banking companies are required to maintain?
It is the amount of money any bank has to maintain with the Reserve bank for every customer. Say you deposit Rs. 100 in ABC Bank, the bank cannot lend all the 100 bucks. They have to pledge a small amount say Rs. 10 with RBI and can lend only the remaining 90 and make an income out of that 90. This 10 bucks is the statutory reserve. The RBI modifies this reserve periodically.
