Exams

Fractional reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Fractional reserve banking is a banking system in which only a fraction of bank deposits are backed by actual cash on hand and are available for withdrawal. This is done to expand the economy by freeing up capital that can be loaned out to other parties.

The Indian Navy operates three operational Commands. They are

1. Western Naval Command - Mumbai

2. Eastern Naval Command  - Vishakhapatnam

3. Southern Naval Command - Kochi

Tax that uses the same rate for all income levels is proportional tax.

Supply curves tend to be more elastic in the long run, because there is time for firms to enter or leave the industry.

Epithelial tissue is made of layers of cells that cover the surfaces of the body that come into contact with the exterior world, line internal cavities, and form glands.

The four types of tissue in the body are epithelial, connective, muscle, and nervous.