What Is a Liquidity Adjustment Facility?

A liquidity adjustment facility (LAF) is a monetary policy tool used by the Reserve Bank of India (RBI) to regulate the money supply in the economy. The LAF consists of two components: the repo rate and the reverse repo rate. The repo rate is the interest rate at which the RBI lends money to banks, … Read more

Base Metals Definition.

Base metals are defined as metals that corrode or tarnish easily, and are not precious metals. The term is typically used to refer to industrial metals such as iron, copper, lead, zinc, and nickel. Where are base metals mined? Base metals are a group of metals that are commonly used in industrial applications. They include … Read more