Question
In which of the following facility the borrower can take
money out as needed until the limit is reached, and as money is repaid, it can be borrowed again?Solution
- The Line of Credit is not a grant but a ‘soft loan’ provided on concessional interest rates to developing countries, which has to be repaid by the borrowing government.Â
- It is a credit facility extended by a bank or any other financial institution to a government, business or an individual customer, that enables the customer to draw the maximum loan amount.
Giridhar Malviya, grandson of Pandit Madan Mohan Malviya, served as Chancellor of which institute?
The National Supercomputing Mission (NSM) has deployed PARAM Ganga-a High-Performance Computational (HPC) facility at IIT _________, with a supercomputi...
Which bank has partnered with Gujarat Cooperative Milk Marketing Federation Ltd (GCMMFL), better known as Amul, to offer financial services to federat...
Recently, which payment bank has introduced issuer charges for Aadhaar Enabled Payments?
- What is the new Hindi name of the Reserve Bank – Integrated Ombudsman Scheme, 2021, as per Lokpal of India’s recommendation?
Which country recently became the largest producer of lithium, overtaking Australia?
Which day is observed every year on 15th July to promote youth skill development?
India hosted the 8th BRICS Summit during its Chairmanship which took place or 15- 16th October 2016-
What is the purpose of the Anusandhan National Research Fund under Priority 8 of the budget?
The Reserve Bank of India (RBI) has granted in-principle approval to______ existing payment aggregators, allowing them to continue their operations.