Definition of the day
What is Marginal Standing Facility Rate?
Marginal Standing Facility Rate (MSF) – The rate at which the scheduled banks could borrow funds from the RBI overnight, against the approved government securities is termed as MSF. Reserve Bank of India in its
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- eduadmin
- June 25, 2013
What is Ad Valorem Tax?
Ad Valorem term means that “according to value” and this can be applied to any of the tax, fee, custom duty which is charged on the percentage basis of cost of products, services or property.
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- eduadmin
- September 17, 2012
What is IDR?
IDR stands for the Indian Depository Receipts. IDR is a financial instrument through which a foreign company can raise funds for itself from Indian securities markets. These receipts are issued against the underlying equity of
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- eduadmin
- September 13, 2012
What is LIBOR?
LIBOR stands for London Inter Bank Offered Rate. It is the rate of interset on short term loans in London money market. So, other banks can borrow from the London interbank market at this specified
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- educates_admin
- September 11, 2012
What is abandonware?
It refers to such software which is not being sold any longer, generally because there is no support available from its publisher. NOTE: It is illegal to sell abandonware unless its publisher re-releases the software
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- educates_admin
- September 10, 2012
What does copyright mean?
COPYRIGHT precisely means that the material and information are the personal property of the owner or producer. It is a legal concept meant basically to give the ‘right to copy’ only to its rightful owner
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- educates_admin
- September 10, 2012
What is DELIRIUM?
Delirium is serious mental disturbance which occurs under the influence of poisonous drugs. It is an “acute confusional state”.
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- educates_admin
- September 9, 2012
What is base level for a river?
It is the lowest level to which a river can deepen its valley. It is the level of the surface of the water body, a lake or sea, in which the stream finally falls.
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- Pratibha Verma
- September 6, 2012
What are Electonic Cigarettes?
Electronic Cigarette is an instrument that delivers nicotine by way of vapour, rather than smoke. There is no combustion involved however the nicotine in the device is still extracted from tobacco. It vaporizes propylene glycol
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- Pratibha Verma
- September 5, 2012
What is a descriptive grammar?
Descriptive grammar is the type of grammar which is based on the analysis of a body of carefully selected, spoken and written texts. And it leads to a set of statements which describe how language
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- educates_admin
- September 3, 2012
What is an anticline?
An anticline is the arch or crest of a fold in the rocks. It is opposite of a syncline, which is the bottom of a fold. Its shape is concave downwards. And technically, it
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- educates_admin
- August 4, 2012
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What is Cash Reserve Ratio (CRR) ?
It is the portion of deposits which the banks in India are supposed to keep in cash. These deposits are held with the Reserve Bank of India (RBI). Current CRR : 4.75% Details and facts:
