Question
The Asset Reconstruction Companies (ARCs) in India are
established as per the provision of which among the following?Solution
The Asset Reconstruction Companies (ARCs) are formed as per the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002. Any loan with an outstanding amount of Rs 1 lakh or more will come under the purview of ARCs. RBI has the authority to issue licenses to such companies. Asset Reconstruction Company of India Limited (ARCIL) is the first asset reconstruction company in India.
The Credit Guarantee Scheme for Subordinate Debt (CGSSD) scheme which was only valid till 31st March 2021 has now extended for_____?
Which of the following statements about a ‘unicorn' is/are correct?
1. In the venture capital industry, the term unicorn' refers to any startup...
Which of the following was the first B vitamin discovered in 1897 that is essential in amino acid and carbohydrate metabolism and is active in energy pr...
The pillar-like structures which hang vertically downward from the aerial branches found in banyan tree are known as
Who was the founder of Banaras Hindu University?
The Nobel Prize in Physiology or Medicine in 2023 was awarded to:
Who among the following is known for his/her books ‘The Algebra of Infinite Justice’, ‘Kashmir: The Case for Freedom’ and ‘Capitalism: A Ghost...
According to Department of Foreign Affairs and Trade, by 2030, transport will have attracted how much per cent of the infrastructural investment in India?
In 1960, Olympics Milkha Singh participated and represented India, where did the Olympics held in that year?
Green Climate Fund’s thirty-fourth meeting of the Board will take place from Monday, 24 October to Thursday, 27 October 2022, its headquarters is in _...