Question
Which of the following is a restriction regarding
investments made by banks in securities/instruments issued by NBFCs?Solution
Banks should not invest in Zero Coupon Bonds (ZCBs) issued by NBFCs unless the issuer NBFC builds up sinking fund for all accrued interest and keeps it invested in liquid investments / securities (Government bonds). Banks are permitted to also invest in Non-Convertible Debentures (NCDs) with original or initial maturity up to one year issued by NBFCs. However, while investing in such instruments banks should be guided by the extant prudential guidelines in force, ensure that the issuer has disclosed the purpose for which the NCDs are being issued in the disclosure document and such purposes are eligible for bank finance.
Select the figure that will replace the question mark (?) in the following figure series.
Pointing to Akshat, Raghu said, ‘I am the only son of one of the sons of his father.’ How is Akshat related to Raghu?
Who among the following sits at extreme end of the row?
How many triangles are there in the given figure?
Which of the following will be coded "ZM RS ZO" in the given language?
What is the code for ‘not’?
I. In a certain code language, code for ‘blanket on bed’ is ‘gum chum shum’ and t...
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
Find the question mark ? figure from answer figure.
Pointing to a man on the bus, Chloe said, “He is the brother of the daughter of the wife of my husband.” How is the man on the stage related to Chlo...
- Find the missing number in the diagram given below.
