Question
Under the regulation of which act can scheduled
commercial bank take equity stake in a payments bank to the extent permitted?Solution
A promoter/promoter group can have a joint venture with an existing scheduled commercial bank to set up a payments bank. However, scheduled commercial bank can take equity stake in a payments bank to the extent permitted under Section 19 (2) of the Banking Regulation Act, 1949.
The World's First Palm-leaf Manuscript Museum opened in which of the following states of India?
The process of preservation of organic waste along with green fodder under anaerobic conditions is:
_______is a geographical area of land defined by natural topographic features, such as hills, mountains, and ridges, that collects and channels all the...
Which one of the following strategies is unsuitable for the management of ‘Ascochyta blight’ of chickpea?
The instrument used to measure the soil strength is known as
Which of the following is an example of a symbiotic bacterium commonly found in root nodules?
Which is the most widespread form of malnutrition among preschool children in India?
Given below are two statements, one is labelled as Assertion A and the other is labelled as Reason R
Assertion A: The main aim of topping and...
The development of rainfed areas must be undertaken to remove the ______ imbalances in countries with an agricultural-oriented economy.
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) was launched on _____