Question
In the context of the Reserve Bank of India’s
initiatives, what does CRILC stand for?Solution
The Central Repository of Information on Large Credits (CRILC) was established by the Reserve Bank of India in 2014 to improve transparency in the credit system. Its main objectives are: • To collect, store, and disseminate credit-related data on large borrowers. • Banks and financial institutions must report details of borrowers having aggregate fund-based and non-fund-based exposures of ₹5 crore (₹50 million) and above. • Banks also need to report the Special Mention Account (SMA) status of such borrowers to CRILC. This system helps RBI in monitoring large exposures and mitigating risks of financial instability.
According to the Indo-Nepal Remittance Facility Scheme, what is the maximum number of remittances in a year?
‘Goal’ is the autobiography of _______.
Initially the diameter of a balloon is 28 cm. It can explode when the diameter becomes 5/2 times of the initial diameter. Air is blown at 156 cc/s. It i...
Which one among the following is not a renewable energy source?
What historical events are associated with King Ratan Chand of the Chand Dynasty?
I) Brought the capital from Champawat to Almora
II) Star...
During the water cycle, which part of the plant is involved in the process of evaporation?
Which state observe the “The Lai Haraoba Festival” ?
Out of the following metals, choose the odd one out on the basis of their place in the periodic table.
Who founded "Ramakrishna Mission" in 1897?
India International Science Festival (IISF-2016) was inaugurated in which of the following city?
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