Multiple Choice Questions on All India Financial Institutions AIFI is a ........ for General Knowledge ( All Exams) Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    All India Financial Institutions (AIFI) is a

    to regulate public sector banks schemes

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    financial regulatory bodies and development finance institutions

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    financial regulatory bodies and development banking institutions

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    fiscal regulatory bodies and development finance institutions

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    Explanation:
    • All India Financial Institutions (AIFI) AIFI is a group comprising of financial regulatory bodies and development finance institutions which play a significant role in financial markets. They are also known as financial instruments. They assist in proper allocation of resources, that are sourced from businesses which have a surplus. Financial institutions act as an intermediary between final lenders and borrowers in order to provide safety and liquidity.
    • WHY IN NEWS : 
    • RBI proposes minimum 11.5% capital for four AIFIs
      Reserve Bank of India (RBI) proposed a minimum of 11.5% capital for four all India financial institutions (AIFI).

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