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Read the extract given below and answer the questions that follow:
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MONEY CONTROL NEWS June 12, 2023/07: 05 PM IST The Reserve Bank of India (RBI) on June 12 imposed monetary penalties on four cooperative banks citing various rule violations. These are Cooperative Bank of Rajkot, Telangana State Cooperative Apex Bank Ltd, The Bihar State Cooperative Bank Ltd and Jowai Cooperative Urban Bank Ltd. The RBI's enforcement operations are conducted by the Enforcement Department. The RBI's EFD was set up in April 2017 to separate enforcement action from the supervisory process. The EFD identifies actionable violations from the inspection reports, risk assessment reports and scrutiny reports. Market intelligence reports, references from the top management and complaints are also used for investigation. |
- Which type of credit control method of the RBI has been highlighted in the above case study?
- Citing reasons state the advantage of credit card over currency notes.
- Briefly explain the following credit control methods adopted by the Central Bank:
- Publicity
- Moral suasion
Concept: Meaning of Central Bank
Identify the agency functions of the commercial banks from the following:
Concept: Commercial Banks: Functions
The central bank settles the claims of commercial banks is called ______.
Concept: Central Bank: Functions
Explain any two Lending Money functions of Commercial Banks.
Concept: Commercial Banks: Functions
What is a Central Bank?
Concept: Types of Bank
Which account holder gets Overdraft facility?
Concept: Commercial Banks: Functions
Public Banks are the banks which are ______.
Concept: Types of Bank
List any two functions of the central bank.
Concept: Central Bank: Functions
Study the picture below and explain any two of its functions.
Concept: Commercial Banks: Functions
Rent of an office premises is an example of ______.
Concept: Fundamental Concept of Cost
Write a short note on direct labour cost.
Concept: Elements of Cost
Write short note on indirect labour cost.
Concept: Elements of Cost
Costs incurred other than on material and labour for production and distribution are called ______.
Concept: Elements of Cost
Distinguish between Fixed cost and Variable cost.
Concept: Classification of Costs
Explain various types of Overheads.
Concept: Elements of Cost
A firm has to pay a fixed rent of ₹ 500 for the postpaid mobile bill and further pay extra charges for the calls made in a month. Identify the type of cost mentioned here.
Concept: Classification of Costs
Name and give examples of any two types of Overheads.
Concept: Elements of Cost
Describe cost on the basis of behaviour.
Concept: Classification of Costs
What do you mean by the term Overheads?
Concept: Elements of Cost
Job Evaluation is one of the ______ functions of the Human Resource Department.
Concept: Human Resource in a Commercial Organization
