Question
U nder priority sector lending (PSL) norms as revised in
March 2025 , w hat is the weight assigned to districts with low PSL credit of per capita < ₹9,000 , to incentivize lending?Solution
- To address regional disparities in the flow of priority sector credit at the district level, it was decided to rank districts on the basis of per capita credit flow to priority sector and build an incentive framework for districts with comparatively lower flow of credit and a dis-incentive framework for districts with comparatively higher flow of priority sector credit. With effect from FY 2024-25, Â
- To address regional disparities in the flow of priority sector credit at the district level, it was decided to rank districts on the basis of per capita credit flow to priority sector and build an incentive framework for districts with comparatively lower flow of credit and a dis-incentive framework for districts with comparatively higher flow of priority sector credit. With effect from FY 2024-25, Â
A bill of exchange was accepted by the drawee and later discounted by drawer with bank. On maturity, the drawee defaulted. Who is liable?
Mr. A draws a bill of exchange for ₹1,00,000 on Mr. B for 90 days. Mr. B accepts it and it is discounted by Mr. A from the bank. On maturity, Mr. B fa...
A negotiable instrument as per the Negotiable Instruments Act, 1881 includes:
Accounts relating to income, revenue, gain expenses, and losses are termed as:
The person who draws a bill of exchange is called the:
Noting charges are recoverable from:
A bill of exchange drawn on 15th March for 2 months will mature on:
Mr. Arvind drew a bill of exchange of ₹1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the b...
Which of the following is an example of transaction in money under GST laws
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
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