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Business Environment, 4th Edition by Pearson
book

Business Environment, 4th Edition by Pearson

by Shaikh Saleem
December 2020
Intermediate to advanced
857 pages
42h 3m
English
Pearson India
Content preview from Business Environment, 4th Edition by Pearson
India’s Monetary and Fiscal Policy | 91
are long-term in nature, they are liquid as they can be traded in the secondary market.
Since 1991, as the economy has recovered and sector reforms increased, the SLR has
fallen from 38.5% to 23% over the past decade and is 18.75% in September 2019.
Bank Rate
Bank rate is the minimum rate at which the central bank provides loans to the
commercial banks. It is also called the discount rate. Usually, an increment in bank
rate results in commercial banks increasing their lending rates. Changes in bank
rate aect credit creation by banks through altering the cost of credit.
Inflation
Inflation refers to a persistent ...
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Publisher Resources

ISBN: 9789390168965