Description : Why do older US dollars say "this note is legal tender for all debts, puiblic and private, and is redeemable in lawful money at the US treasury or at any federal reserve bank?"?
Last Answer : I believe at that time we were on the gold standard and the money could be exchanged for the appropriate amount of gold. I’m trying to find a bit more info right now here. When we went off the gold standard, this would no longer have been true.
Description : How much is a 1928 A 100 dollar federal reserve note worth?
Last Answer : Feel Free to Answer
Description : Scheduled banks are required to keep cash reserve with RBI, interms of _______ A. Section 24 of the Banking Regulation Act, 1949 B. Section 20 of the Banking Regulation Act, 1949 C. Section 42(i) of the RBI Act, 1934 D. Section 42 of Negotiable Instruments Act
Last Answer : C. Section 42(i) of the RBI Act, 1934 Explanation: Every bank included in the Second Schedule shall maintain with the Bank an average daily balance the amount.
Description : The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act-1934 B. Banking ... , 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above
Last Answer : D. Payment and Settlement Systems Act (PSS Act), 2007 Explanation: The Overseas Principal should obtain necessary authorisation from the Department of Payment and Settlement Systems, Reserve Bank of India ... Payment and Settlement Systems Act (PSS Act), 2007 to commence/ operate a payment system.
Description : A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956
Last Answer : E. The companies act, 1956 Explanation: The Companies Act, 1956 ―Small Shareholder‖ means a shareholder holding shares of nominal value of twenty thousand rupees or less in a public company to which section 252 of the Act applies.
Description : Which of the following is governed by the provisions of Section 42 of the Reserve Bank of India Act, 1934? A. Bank rate B. Reverse Repo Rate C. SLR D. CRR E. None of the Above
Last Answer : D. CRR Explanation: CRR is governed by the provisions of Section 42 of the Reserve Bank of India Act, 1934. There is no minimum & maximum level of CRR. We could go upto zero CRR (negative values are of course absurd).
Description : The rules framed in the Clayton‟s case have been incorporated in _________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. None of the Above
Last Answer : D. Indian Contract Act, 1872 Explanation: The rules framed in the Clayton‘s case was incorporated in Section 59 of the Indian Contract Act, 1872.
Description : SMERA has been registered under _______ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 E. None of these
Last Answer : D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 Explanation: SMERA has been registered under Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999.
Description : A Credit Bureau is governed by _________ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange ... of India (Credit Rating Agencies) Regulations, 1999 E. Credit Information Companies (Regulation) Act of 2005
Last Answer : E. Credit Information Companies (Regulation) Act of 2005 Explanation: A Credit Bureau is governed by the Credit Information Companies (Regulation) Act of 2005.
Description : Issuance of stamp duty on bonds is under ________ A. The Companies Act, 1956 B. The Public Debt Act 1944. C. Indian Stamp Act 1899 (Central Act) D. Reserve Bank of India Act, 1934 E. Both (A) and (C)
Last Answer : C. Indian Stamp Act 1899 (Central Act) Explanation: Issuance of stamp duty on bonds is under Indian Stamp Act 1899 (Central Act). A bond is transferable by endorsement and delivery without payment of any transfer stamp duty.
Description : why has the dollar value decreased after the federal reserve system why is this true?
Last Answer : Need Answer
Description : Given an initial equilibrium in the money market and foreign exchange market, suppose the Federal Reserve increases the money supply of the United States. Under a floating exchange-rate system, the ... C. Be officially devalued by the government D. Be officially revalued by the government
Last Answer : B. Depreciate in value relative to other currencies
Description : What is the value of a 1934 Irish coin with the word eire on it?
Last Answer : All Irish coins have the word "Éire" on them. The value dependson the condition and the denomination.
Description : How has the Federal Reserve System managed since its inception?
Last Answer : answer:It seems to me a strong Federal Reserve System established and then enhanced under the Glass Stegall Act led the way out of the Great Depression (along with tremendous government borrowing and ... there are people who would think the economy functions better now that it has been weakened.
Description : Why does the Federal Reserve have a monopoly on the issuing of American Currency?
Last Answer : What leverage would you use to control inflation and the money supply if you couldn’t set rates?
Description : Why do we allow the Federal Reserve loan money to commercial banks at almost 0% interest, who then loan the tax payers this money at a much higher interest rate?
Last Answer : If you want to learn more about the Federal Reserve system and how it works, start with Wikipedia and then, for fun, consider asking targeted questions of the conspiracy theorists here on Fluther. ... takes something of yours. Interest happens when you choose to pay for the opportunity to borrow.
Description : Board of Governors of the Federal Reserve System - Mortgage Foreclosure Do You Care
Last Answer : i am a dumbass he he. i made the question and suddenly POOF the answer button grabbed my attention… please move along…
Description : the federal reserve _____ the money supply to lower inflation. -General Knowledge
Last Answer : The Federal Reserve reduces (decreases) the money supply to lower inflation.
Description : What monetary policy strategy of the federal reserve do these headlines reflect?
Last Answer : Encouraging business growth by putting more money into circulation
Last Answer : The name of the central bank of the United States is the Federal Reserve System.
Description : What describes the primary role of the Federal Reserve?
Last Answer : Need answer
Description : If the federal reserve sells 40000 in treasury bonds to a bank at 5 interest what is the immediate effect on the money supply?
Description : If the federal reserve buys a treasury bond from a bank what will be the effect on interest rate the bank charges its customers for a loan?
Last Answer : The interest rates will decrease since there are more available funds for the bank to loan.
Description : If the federal reserve decreases the reserve rate from 5 to 2?
Description : What was the federal reserve was designed to?
Last Answer : Financial panicsBankruptciesBoom and bust economyfinacial panics
Description : Has the Federal Reserve increased the rates for small business loans, and if so by how much?
Last Answer : The Federal Reserve does not set the rates for small business loans. They set the Federal Discount Rate-- the rate at which banks may borrow directly from the Fed. Since this is the rate ... they always charge more than this rate for loans. SBA.gov administers Federally Backed small business loans.
Description : Which of the following is one way the Federal Reserve Bank serves the government?
Last Answer : selling government securities
Description : What does “lender of last resort†mean with respect to the Federal Reserve?
Last Answer : It will lend money to a bank in a financial emergency.
Description : What is the makeup of the Federal Reserve Districts?
Last Answer : Each district is made up of more than one state. Federal Reserve Districts include a mixture of agricultural, manufacturing, and service industries as well as rural and urban areas.
Description : What will the federal government (Federal Reserve Bank) do in an attempt to encourage saving and investing?
Last Answer : raise dividend rates
Description : 9. If the Federal Reserve wishes to increase the money supply, it should: a. raise the reserve requirement b. raise the discount rate c. buy Treasury securities in the open market d. all of the above
Last Answer : c. buy Treasury securities in the open market
Description : 5. An IOU of the Federal Reserve Bank of San Francisco to Bank of America is called: a. discounts b. federal funds c. reserves d. collateral
Last Answer : c. reserves
Description : 4. Which of the following is true about the Federal Reserve System (Fed)? a. it is a system of 12 central banks b. its Board of Governors is elected by a vote of the people c. its main policy- ... is the FDIC d. it accepts deposits from the public and makes loans to businesses e. all of the above
Last Answer : a. it is a system of 12 central banks
Description : Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949 A. Section 35A B. Section 25A C. Section 15A D. Section 30A E. None of the Above
Last Answer : A. Section 35A Explanation: The Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets. It has issued a directive to banks under Section 35A of the Banking Regulation Act, 1949.
Description : One-rupee currency note in India bears the signature of (A) The President of India (B) Finance Minister of India (C) Governor, Reserve Bank of India (D) Finance Secretary of Government of India
Last Answer : (D) Finance Secretary of Government of India
Description : Short note on federal country - India. -SST 10th
Last Answer : This answer was deleted by our moderators...
Description : Is a 1934 Series A $20 bill worth more than $20?
Last Answer : answer:I found this. Short answer, they would be worth about $20. That was just a first stab. Your local coin dealer might know more.
Description : Who wrote the Thin Man in 1934 (both names)?
Last Answer : Dashiell Hammett
Description : Who is the top scorer of 1934 FIFA World Cup ?
Last Answer : : Oldrich Nejedli is the top scorer of the 1934 FIFA World Cup.
Description : Which country is the top scorer of 1934 FIFA World Cup ?
Last Answer : Czechoslovakia is the top scorer in the 1934 FIFA World Cup.
Description : How many goals did the top scorer of the 1934 Football World Cup score ?
Last Answer : The highest scorer of the 1934 FIFA World Cup scored a total of 5 goals.
Description : What is the name of the coach / manager who won the 1934 FIFA World Cup ?
Last Answer : The name of the coach / manager who won the Football World Cup in 1934 is Vitrio Punjo .
Description : What is the name of the captain who won the football World Cup in 1934 ?
Last Answer : The name of the captain who won the football World Cup in 1934 is Simpiro Combi.
Description : Which country is the runners-up in the 1934 FIFA World Cup ?
Last Answer : Czechoslovakia, the runners-up in the 1934 FIFA World Cup.
Description : Which country won the 1934 FIFA World Cup ?
Last Answer : Italy won the 1934 FIFA World Cup.
Description : How many goals were scored in the 1934 FIFA World Cup ?
Last Answer : 70 goals were scored in the 1934 FIFA World Cup.
Description : How many matches were played in the 1934 FIFA World Cup ?
Last Answer : The 1934 FIFA World Cup featured 18 matches.
Description : How many teams participated in the 1934 FIFA World Cup ?
Last Answer : 16 teams participated in the 1934 FIFA World Cup.
Description : Which country hosted the 1934 World Cup ?
Last Answer : Italy hosted the 1934 World Cup.