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Microlisting For Money and Banking Nanki

The document outlines the significance of Money and Banking as a crucial topic for UPSC Prelims, having been asked 41 times. It provides a comprehensive list of key topics, including the basics of money, types of money, instruments of money supply control, classification of banks in India, issues with the banking system, and regulatory bodies. Additionally, it highlights the differences between banks and non-banking financial companies (NBFCs) and emphasizes important concepts related to non-performing assets and digital frauds.

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jyotijaiswar065
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59 views4 pages

Microlisting For Money and Banking Nanki

The document outlines the significance of Money and Banking as a crucial topic for UPSC Prelims, having been asked 41 times. It provides a comprehensive list of key topics, including the basics of money, types of money, instruments of money supply control, classification of banks in India, issues with the banking system, and regulatory bodies. Additionally, it highlights the differences between banks and non-banking financial companies (NBFCs) and emphasizes important concepts related to non-performing assets and digital frauds.

Uploaded by

jyotijaiswar065
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

MONEY AND BANKING

Money and Banking have been the most most most favorite topic for UPSC
Prelims. Which is quite evident from the number of times the question have
been asked from this topic i.e 41 whopping times. The topic is easy to
approach and scoring as well if approached in the right manner. Just stick to
the topics provided in the list and you will be good to go.

TOPICS
Basics of Money • Function of Money
o Primary and Secondary
Functions
• Demand for Money
o Transaction Purpose
o Speculative Purpose
o Precautionary Purpose
• Supply of Money
o Aggregates of Money Supply
o Narrow Money and Broad
Money
o Concept of Liquidity
o Concept of Money Multiplier**
o Process of Credit Creation
o Velocity of Money Circulation
§ Factors influencing Velocity
of Money
o Credit Deposit Ratio
o Seignorage

Types of Money • Fiat Money v/s Legal Tender • Tokenization


• Bank Money
o Types of ATM
o E ways of transferring Bank
money
§ NEFT
§ RTGS
§ IMPS
• Digital Currency
o Cryptocurrency
o E-Rupee
o Difference between Bank
Money and Digital Currency
Instruments of • Quantitative Tools • Liquidity Adjustment
Money Supply o Reserve Ratios Corridor
Control *** o Liquidity Adjustment Facility • Variable Repo Rate
o Standing Deposit Facility • Revised Priority
o Marginal Standing Facility Sector Lending
o Bank Rate Norms
• Qualitative Tools
o Rationing of Credit
o Direct Action
o Moral Suasion
o Margin Requirement
Classification of Central Bank- RBI *** • RBI Surplus Transfer
Banks in India • Important years related to RBI of Funds
(1935, 1949) • Financial Inclusion
• Functions of RBI Index
• Important Acts • Integrated
o RBI Act, 1934 Ombudsman
§ 2nd Schedule of RBI Act. Scheme
o Banking Regulation Act 1949 • Ways and Means
o FEMA 1999 Advances
• Monetary Policy Framework • RBI framework for
Agreement recognizing SRO’s
o Flexible Inflation Targeting • National Urban
Framework Cooperative Finance
o Monetary policy committee and Development
o Monetary Policy Process Corporation Limited
Schedule Commercial Banks (NUCFDC)
• Public Sector Banks • Dividend
• Private Sector Banks Equalization Fund
• Foreign Banks • Prompt Corrective
• Regional Rural Banks Action Framework
Cooperative Banks for Cooperative
• Structure of Cooperative Banks Banks
o Urban Cooperative Banks • On Tap Licensing for
o Rural Cooperative Banks Universal Banking
Differentiated Banking • Microfinance Sector
• Payment Banks
• Small Finance Banks
Issues with Non-Performing Assets ** • Interest Coverage
Banking System • Types of NPA’s Ratio.
in India • Important terms related to Non- • Trends related to
Performing Assets NPA.
o Standard Assets • Willful Defaulter
o SMA 0 to SMA 2
• Steps taken to resolve NPA
problem
o Insolvency and Bankruptcy Code
o Asset Reconstruction Companies
§ NARCL
§ IDRCL

Digital Frauds
• Trends of Digital Frauds in India
Regulatory • Basel III norms • Data on UPI
bodies related to • DICGC Act transactions.
Banking • Prompt Corrective Action
Framework
• Financial Services Institution
Bureau
• Domestic Systematically
Important Banks
• NPCI
o Initiatives of NPCI

Non Banking • Difference between Banks and


Financial NBFC’s
Companies • Types of NBFC’s
o Based on Deposits
o Based on Asset Size
• List of NBFC’s coming under
regulation of RBI, SEBI

*** - Super se bhi Upar Important


** - Important
* - Don’t Ignore them

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