The Naval Dockyard Co.Operative Bank Limited Interview Questions, Process, and Tips

Cash Reserve Ratio is the percentage of deposits that banks are required to keep with the central bank.

• It is a monetary policy tool used by central banks to control the money supply in the economy.

• It is also known as the Cash Ratio or Reserve Requirement.

• In India, the current Cash Reserve Ratio is 4%.

• If the Cash Reserve Ratio is increased, banks will have less money to lend, which can lead to a decrease in inflation.

• If...read more

Repo rate is the rate at which RBI lends money to commercial banks. Reverse repo rate is the rate at which RBI borrows money from banks.

• Repo rate is used to control inflation by increasing or decreasing the cost of borrowing for banks.

• Reverse repo rate is used to control the money supply in the economy.

• Currently, the repo rate in India is 4% and the reverse repo rate is 3.35%.

• If the repo rate is increased, banks will h...read more

NEFT is an electronic payment system in India that enables individuals and businesses to transfer funds between banks.

• NEFT stands for National Electronic Fund Transfer

• It is a payment system used in India

• It enables individuals and businesses to transfer funds between banks

• NEFT transactions are processed in batches and settled in hourly intervals

• It is a safe and secure way to transfer funds electronically

The bank's bank is the central bank of the country where the bank is located.

• The bank's bank acts as a regulator and lender of last resort for commercial banks.

• In the United States, the bank's bank is the Federal Reserve.

• In India, the bank's bank is the Reserve Bank of India.