Cash Reserve Ratio (CRR) – UPSC Notes
Cash Reserve Ratio (CRR) is a specified minimum amount of deposit that the commercial bank has to hold as a reserve with the Central Bank. The amount specified …
Statutory Liquidity Ratio (SLR) – UPSC Notes
The Statutory Liquidity Ratio (SLR) is the minimum percentage of deposits that a commercial bank has to maintain in the form of liquid cash, gold, or other approved …
NEER and REER – UPSC Notes
NEER REER Nominal Effective Exchange Rate (NEER) is an unadjusted weighted average rate at which the currency of one country exchanges for a basket of multiple foreign currencies. It …
Real Effective Exchange Rate (REER) – UPSC Notes
The Real Effective Exchange Rate (REER) is the weighted average of a country’s currency in relation to an index or basket of other major currencies. The weights are …
Nominal Effective Exchange Rate (NEER) – UPSC Notes
The Nominal Effective Exchange Rate (NEER) is an unadjusted weighted average rate at which the currency of one country exchanges for a basket of multiple foreign currencies. The Nominal …
Difference between Consumer Price Index (CPI) and Wholesale Price Index (WPI) – UPSC Notes
Parameter Wholesale Price Index (WPI) Consumer Price Index (CPI) Definition WPI measures the changes in the price of goods before they are sold at retail. It represents the …
Wholesale Price Index (WPI) – UPSC Notes
Wholesale Price Index (WPI) measures changes in the overall price of goods before they are sold at retail. WPI represents the price of a basket of wholesale goods, …
Consumer Food Price Index (CFPI) – UPSC Notes
Consumer Food Price Index (CFPI) measures changes in the retail prices of food items consumed by a defined population group in a given area with reference to a …