Question
The minimum capital requirement for setting up a new
universal bank in the private sector as per RBI is:Solution
The Reserve Bank of India (RBI) guidelines stipulate that a new universal bank in the private sector must have a minimum paid-up capital of ₹500 crore.
Which of the following is the platform for investors to trace inactive as well as unclaimed mutual fund investments ?
The Pradhan Mantri Mudra Yojana completed 10 years of its launch. The government introduced a new category under this scheme to cover loans between ₹1...
The ‘CAMELS’ approach is a risk assessment method. What does C stand for in CAMELS?Â
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
G-Secs in India are issued through auctions conducted by RBI. These auctions are conducted on the Core Banking Solution (CBS) platform of RBI called
A bank has Bills Discounted worth ₹4,00,000. Unexpired discount at year-end is ₹40,000. What is the adjustment in final accounts?
What are sweat equity shares?
The process by which a bank converts the cheques and other instruments deposited by customers into cash is known as:
A bank has statutory reserve requirement of 25% of Net Profit before appropriations. Net Profit before appropriations = ₹40 crore. Transfer to reserve...
A customer reports unauthorized transactions on their digital banking app. Under RBI’s directions, if the customer informs the bank within 3 days, wha...
