Question
Good health of the Banking Industry is paramount for any
Economy. Which of the following is the correct explanation of IBC?Solution
Significant initiatives have been introduced under Aatmanirbhar Bharat and Make in India programmes to enhance India’s manufacturing capabilities and exports across the industries. Sectors pecific Production Linked incentives (PLI) have been introduced in the aftermath of the pandemic to incentivise domestic and foreign investments and to develop global Champions in the manufacturing industry. The government and the RBI took several policy initiatives to help the financial sector recoup the balance sheet stress during the 2010s. Some of these such as the amendment to the SARFAESI Act 2002, implementation of the Insolvency and Bankruptcy Code (IBC), launch of ‘Asset Quality Review’ (AQR), introduction of prompt corrective action (PCA) framework, recapitalisation of Public Sector Banks (PSB), and merger of PSBs among others, helped in cleaning up the balance sheets of banks/corporates.
What category did India achieve in the FATF Mutual Evaluation?
In 2024, Virat Kohli became the fifth cricketer to reach the milestone of 27,000 international runs during which match?
What percentage of India’s remittances came from the UAE in 2023?
Ministry of Information and Broadcasting has organized the Shanghai Cooperation Organization Film Festival in ____________.
Which country topped the medal tally at the 2024 ISSF Junior World Shooting Championship?
Which of the following will offer a feature on its platform by the end of the year through which users will be able to discover catalogues of various re...
The Ammunition Cum Torpedo Cum Missile Barge (LSAM 21) delivered in October 2024 is part of which specific Indian Navy project that aims to strengthen i...
The funding pattern of MGNREGA involves both the Central and State governments. Which of the following expenses is NOT covered by the central government...
What percentage of India’s power is still sourced from coal despite the rapid growth of renewables, and what is the planned coal capacity by 2030?
Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has given its ex-post facto approval for payment of Productivity Linked Bonus to ...