Answer / kailas

the economy in which the combination of both capitalist(private sector) and socialist(Public sector) economy is present called mixed economy.

e.g. India has mixed economy i.e. capitalist as well as socialist.

Answer / dev

India is a mixed economy . Mixed economy means every
company is not owned entirely by government or
industrialists. It means There would be some companies in
which are owned and totally managed by industrialists. The
government doesn't interfere.
Whereas there are companies
which are totally run by the goverment of India. Take the
example of Air India which is one of the companies the
goverment runs.

Answer / jitendra shah

Where the means of production owned by
both private and goverment sector that is called mixed economy

hi,i anjali congrats to all who cleared sbi clearical,i am having my interview on 20-10 any one appearing before forward data on id anjalitaurus@rediffmail.com

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any information regarding state bank of patiyala medical is on net or not?

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Hi, this Udaya Bhaskar (9492038751) again. I posted a post already today (23.05.2009, 11:30 hrs, SBI Staff Training Centre, West Maredpally, Sec'bad) morning immediately after i attended the interview of SBH Clerical from Hyderabad Region. Now I am giving some material on Clerical interview for the benefit of your good selves. SLR - Statutory liquidity ratio - 24% at present (RBI range25% - 40%) CRR - Cash reserve ratio - 5 % at present Repo rate - 4.75 % at present - It is the rate at which RBI lends money to Banks Reverse Repo Rate - 3.25% - It is the rate at which Banks park their funds with RBI Bank Rate - 6% at present - It is the rate at which RBI lends money to Banks Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by the RBI on the monetary bill hold by the Banks Savings Bank Rate - 3.5% for SBH & SBI Call money rate - 2.25% - 4.30% - It is the rate of interest charged by the banks for temporary borrows among banks Legar Tender Money - Currency issued by RBI Optional Money - Cheques, DDs, Bankers Cheques Plastic Money - Credit card, Debit card Credit card is ready made overdraft in e-form for buying good and services by the card holder within specified limits and according to terms and conditions of the issuer Bank without having any account. Debit card is e-Cheque which can be used within the limits of the credit in the account associated with it for financial transactions. Core Banking - Networking of Banks for providing any where any time Banking is called Core Banking Merchant Bank provides capital to firms in the form of shares rather than money. Investment Banks tend to provide investment to firms. Corporate Banking looks after the needs of Big firms, companies, business entities Business Banking looks after needs of medium level business firms, entities, individuals Retail banking focusses to provide services to individuals Private banking focusses to provide services to high networth individuals Lead Banking focusses on providing all type of financial services Narrow Banking focusses on a particular sector like Mortgage, Auto Finance etc. With best wishes, Udaya Bhaskar 9492038751

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please help me if any body face interview today?i have no idea what to do..............please

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pls answer the below mentioned questions as soon as possible ... this is for clerical interview SBI * what are the business undertaken by a bank ? *present share value of SBI?? *max and min share values of SBI??? *what is liquidity ?? *what is excise duty?? *challenges which banks have to face in future ???

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