Question
Where the aggregate exposure of the banking system is
₹5 crore or more, borrowers can open current accounts with any one of the banks with which it has CC/OD facility, provided that the bank has at least ………………………………….of the aggregate exposure of the banking system to that borrowerSolution
Opening of Current Accounts for borrowers availing Cash Credit/ Overdraft Facilities from the Banking System For borrowers, where the aggregate exposure of the banking system is less than ₹5 crore, banks can open current accounts without any restrictions, subject to obtaining an undertaking from such customers that they (the borrowers) shall inform the bank(s), if and when the credit facilities availed by them from the banking system becomes ₹5 crore or more. Where the aggregate exposure of the banking system is ₹5 crore or more: Borrowers can open current accounts with any one of the banks with which it has CC/OD facility, provided that the bank has at least 10 percent of the aggregate exposure of the banking system to that borrower. In case none of the lenders has at least 10 percent of the aggregate exposure, the bank having the highest exposure among CC/OD providing banks may open current accounts.
None of his sons is mature enough to adept to new circumstances.
- Select the INCORRECTLY spelt word.
- The following sentence contains a word with a spelling error. Rectify the sentence by selecting the correct spelling of the identified word from the given ...
Select the INCORRECTLY spelt word.
Once demand (A) for services raises (B) , along with aggregate (C) income, both demand for the labour of the rich and the business income of that group ...
Choose the word with correct spelling.
Choose the word with the correct spelling.
It's the only places in the city where one can see majestic birds like pelicans and painted storks in large numbers.
...Select the correct spelling of the word.
A. Tranquilize
B. Trenquilise
C. Tranqeilize
D. Tranquelise
...
In the question below, a sentence is given with four words highlighted in bold. One of these four words may either be wrongly spelled or inappropriate ...
