0
What else can I help you with?
What is formal source of credit in India?
In India sources of credit can be categorized into formal and informal sources. Formal sources of credit consist of commercial banks, regional rural banks, cooperative credit societies etc. Informalsources of credit are friends and relatives, moneylenders etc. Today, India has over 32,000 ruralbranches of commercial banks and regional rural banks (RRBs), some 14,000 cooperative bank branches, 98,000 primary agricultural credit societies (PACS) (Basu and Srivastava, 2005).
What services does the local government provide to its residents"?
Local governments provide a range of services to residents, including public safety (police and fire departments), public transportation, waste management, parks and recreation, education, and utilities like water and sewage.
What are the powers of U.S. state governments?
State governments have the power to manage public education, regulate intrastate commerce, enact criminal laws and maintain public safety, administer elections, and establish local government structures within their state. They also have the authority to collect taxes, provide for public welfare programs, and regulate land use and development.
How does the Constitution provide for the powers of the states in the federal system?
The Constitution grants states certain powers through the Tenth Amendment, which reserves powers not delegated to the federal government to the states. This allows states to govern themselves in areas not specifically outlined in the Constitution.
What does RSL stand for?
RSL stands for Residential Service License, which is a license that allows individuals or organizations to provide residential care services to clients in need. It ensures that the provider meets specific regulations and standards to operate legally.
When and why was the Federal Reserve System created?
The Federal Reserve System was established on December 23 1913 when US President Woodrow Wilson signed the Federal Reserve Act. The original purpose of the System was to give the USA an elastic currency, provide facilities for discounting commercial paper and to improve Bank supervision.
Which one of the following is not one of the responsibilities of the federal reserve?
To provide an accurate response, I would need to know the specific options you are considering. However, generally, the Federal Reserve is responsible for conducting monetary policy, regulating banks, maintaining financial stability, and providing financial services. A responsibility that is typically not associated with the Federal Reserve would be directly managing fiscal policy, as this is generally the role of the federal government.
How many Federal Reserve districts were established in the Federal Reserve Act of 1913?
The Federal Reserve Act of 1913 established a total of 12 Federal Reserve districts. Each district has its own Federal Reserve Bank, which serves as a central bank for that region. This structure was designed to provide a decentralized approach to banking and monetary policy in the United States.
Do foreign bank marketing in US require USA authorization?
yes definitely. They need an approval from the Federal Reserve in order to perform and provide banking services in USA.
What can the federal reserve do to help a private bank during a bank run?
The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money.
Is Karur Vysya Bank a schedule bank?
Yes, Bank of Rajasthan is a Scheduled private bank as per the Reserve Bank of India regulations and is authorized to provide banking services in India. It was classified as a Scheduled Bank in the year 1948
Federal Reserve System what percentage of stock ownership represents a controlling shareholder?
Only banks can own stock in the Federal Reserve banks. However, this stock ownership does not provide the members banks with any control over what the Federal Reserve system does. Any bank that wants to become a member of the Federal Reserve Bank within their Federal Reserve District must invest a certain percentage of their capital in Federal Reserve stock. The Federal Reserve will pay dividends on this stock but banks do not become controlling shareholders as a result of these investments. The individual Federal Reserve banks are controlled (for lack of a better term) by the boards of directors of the Federal Reserve banks and by the board of governors in Washington, D.C.
Define scheduled banks?
A Schedule Commercial Bank is a bank that is registered with the Reserve Bank of India and is authorized by the RBI to provide banking services. Without the approval from RBI a bank cannot provide banking services in India. There are many scheduled commercial banks in India. Some are: ICICI Bank, State Bank of India, HDFC Bank, Bank of Baroda etc
What is sheduled commarcial banks?
A Schedule Commercial Bank is a bank that is registered with the Reserve Bank of India and is authorized by the RBI to provide banking services. Without the approval from RBI a bank cannot provide banking services in India. There are many scheduled commercial banks in India. Some are: ICICI Bank, State Bank of India, HDFC Bank, Bank of Baroda etc
What describes how the Federal Reserve Bank helps banks during a bank run?
The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money. beeeyotch
The US is divided into 12 regions each one with?
The US is divided into 12 regions, each one with its own Federal Reserve Bank. These regional banks serve as the operating arms of the Federal Reserve System, helping to implement monetary policy, supervise and regulate financial institutions, and provide services to banks in their respective regions. Each regional bank is overseen by a board of directors representing the public, financial institutions, and commercial banks in the region.
What best describes how the federal reserve bank helps bank during bank run?
The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money. beeeyotch
