MuleHunter.AI
MuleHunter.AI is an AI-driven solution designed to detect and mitigate mule bank accounts effectively. Developed by Reserve Bank Innovation Hub.
Money and Financial System of India
What is Money? Money has been defined differently by different economists. But the most acceptable definition of money can be stated in terms of all the functions of money. Money is anything which is generally accepted as a means of exchange, a measure and store of value and which also acts as standard of deferred
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Banking in India – Functions and Challenges
What is a Bank: A bank is an institution which accepts deposits from the public and in turn advances loans by creating credit. The act of lending and borrowing creates both credit and debit. \”Debt represents money that has been borrowed but not yet been paid back, Credit represents money available to be borrowed.\” The
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Money and Banking – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24)
1. Consider the following statements: Statement-l: Syndicated lending spreads the risk of borrower default across multiple lenders. Statement-II: The syndicated loan can be fixed amount/lump sum of funds, but cannot be a credit line Which one of the following is correct in respect of the above statements? (a) Both Statement-I and Statement-II are correct and Statement-II explains
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