Indian Economy Quiz 3

A bank rate is the interest rate a nation's central bank charges to its domestic banks to borrow money. In India, the RBI set the bank rate.

State Government transactions are carried out by RBI in terms of the agreement entered into with the State Governments in terms of section 21 A of the Act. As of now, such agreements exist between RBI and all the State Governments except the Government of Sikkim.

₹50 among Mahatma Gandhi Series of currency notes issued by the RBI has a drawing of the Parliament House depicted on it.

Book building is the process by which an underwriter attempts to determine the price at which an initial public offering (IPO) will be offered.

India Brand Equity Foundation (IBEF) is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India in 2003 with the objective of promoting and creating international awareness of the Made in India label in markets overseas and to facilitate dissemination of knowledge of Indian products and services.

Foreign indirect investment (FII) involves corporations, financial institutions, and private investors that purchase shares in foreign companies that trade on a foreign stock exchange.

Special drawing rights (SDR) are known as paper gold. SDR are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF). SDRs are units of account for the IMF and not a currency per se. They represent a claim to currency held by IMF member countries for which they may be exchanged.

The break-even point (BEP) is the point at which total cost and total revenue are equal, i.e. “even”. In investing, the break-even point is said to be achieved when the market price of an asset is the same as its original cost.

The break-even point is the point at which total cost and total revenue are equal, meaning there is no loss or gain for your small business.

Capital investment is the procurement of money by a company in order to further its business goals and objectives. The term can also refer to a company's acquisition of long-term assets such as real estate, manufacturing plants and machinery.