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.
Bud necrosis in groundnut is transmitted by
Which hormone plays a role in inducing tolerance to abiotic stresses such as salt and drought?
Gherkin is a vegetable crop, which is known as
Litchi is commercially propagated by ___ method.
It is the practice of smoking under trees to induce early flowering in mango., The popular practice is said to be
Which test is used for testing the significance of mean differences?
Which of the following is an antifungal and an antibiotic?
“King of Fruits” is called _________
“Corky core” in apples and “cracked fruit” of peaches is due to the deficiency of
Which of the following is the most-important constituent for jelly making?
