Merchant banks- are wings of commercial banks or started by Pvt. financial institutions. The merchant banks provide services like underwriting of new issues, advice...
National Social Assistance Programme- the scheme is aimed to support the old age destitute people. Old age pension granted under NSAP to destitute persons...
Agreement on Agriculture (AoA)- one of the major agreements of the WTO. The AoA aims to liberalise agricultural trade by eliminating distortions on it....
National Agricultural Insurance Scheme - Coverage of all food crops, no upper limit of insured amount, premium between 1.5% and 3.5%. Small and marginal...
Asset Reconstruction Company- for the securitisation and reconstruction of assets of financial institutions - the ARC buys bad debts and converts it into performing...
RBI’s function as banker to the Government- Banker, agent and advisor to the Government Banker to the Central and State governments, accepts money and...
