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📢Features of Mrunal's Economy Course at Unacademy:
1) 👨‍🏫 Weekly live classes @night even Working Professional can attend
2) 🆎 Updated Powerpoints with latest budgets, economic surveys & current Affairs of Economy
3) 📑 500+ pages Rapid revision handouts, covering both Prelims & Mains, incl. Hindi translation for important terminologies. No need to purchase separate books / NCERTs.
4) 🔠 Weekly Quiz with ranking system
5) 💬 Weekly Doubt Solution to your queries.

- The commercial banks liabilities be classified in three parts 1) time liabilities 2) demand liabilities and 3) other liabilities.
- Out of the net demand and time liabilities (NDTL), commercial banks are required to maintain cash reserve ratio and statutory liquidity ratio (SLR) under the provisions of reserve bank of India act and banking regulation act with a lag of fortnight.
- In the pre-LPG reforms era, high level of CRR and SLR were major impediments against business expansions and exports. But after the BoP crisis of 1991, as per the recommendations of M.Narasimhan Committee on banking sector reforms, both these ratios have been gradually decreased.
- Post-demonetization of Rs. 500 and Rs. 1000 notes in November 2016, there was a surge in the NDTL of commercial banks. Had RBI maintained status quo in CRR and SLR, then this excess NDTL would have translated into very cheap lending rates, thereby destabilising our economy. Hence, RBI introduced the idea of incremental CRR for a short period.
- In incremental CRR system, SCB were required to keep 100% of their NDTL during 16th September to 11th November, as CRR for the fortnight from 26th november to 10th December.

- Faculty Name: You know who
- all Powerpoint available at http://mrunal.org/powerpoint
- Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.