Banking Bullets of the day :-

• LAF is used for smooth transition and keep upgrade with technology
• LAF:-liquidity adjustment facility
• If the GDP value is going negative then the period is said to be Under recession
• CRM:- customer relationship management
• cp:- commercial bank was introduced by RBI in 1991   
• Commercial paper is short term money marketing instrument
  issued by schedule banks
  validity :- 7 days to an year
• Tbills :-treasury bills are short term liabilities of central government
  minimum amount 2500/-
  three types of Tbills through
  91days
  182days
  364days
  auctions
• Treasury Bills are replaced by ways and means advance
• what is monetary Policy??
  It is the process by which the government,central bank of a country controls
  supply,availability and cost of money and rate of interest in order to maintain stability in economy
• RBI acts as Banker to banks
  It is Central Bank of India
  year: April 1 st 1934
  set up the recommendations of hilton Young commission
  function: to operate the currency and credit system 
  maintains the bank accounts of all scheduled banks
• SIDBI- small Industrial development bank;
  Motto :-Develop MSME(micro,small,medium enterprises)Sector
  Year:1990
  Initially owned by;Industrial Bank of India
  started by: act of parliament
• SEZ :- Special Economic zone it is also govt's policy in India ; Its main motto is to increase foreign investments ,develop infrastructure,job opportunities and increase the income level of the people