Question
RXIL (Receivables Exchange of India Ltd.) is a joint
venture of which two institutions?Solution
RXIL is a TReDS platform for invoice discounting, jointly promoted by SIDBI and NSE. It helps MSMEs get faster access to working capital by enabling the sale of receivables to financiers online.
Which of the following banks continue to be identified by Reserve Bank of India as Domestic-Systemically important Banks
Who introduced the concept of 'Accredited Investors' in the Indian securities markets?
Financial statements are part of
What approach do banks in India currently use for loan loss provisions?
The duration of a 5-year zero-coupon bond is
What is the new threshold for the Basic Services Demat Account (BSDA) as per SEBI's recent guidelines?
According to the RBI’s January 2024 circular, banks must implement a specific reporting framework for unclaimed deposits. Which of the following best...
In which of the following scenarios is an account classified as 'Loss Asset'?
Regional Rural Banks were created on the recommendation of:
Which of the following process best describes that the future value of an amount is much more than the sum of the principal and the annual rate of inte...