Question
Which of the following has replaced the earlier Base
Rate System, for determining lending rates for commercial banks.Solution
- MCLR full form is Marginal Cost of Funds based Lending Rate.
- The Reserve Bank of India (RBI) gives a fixed Internal Reference Rate for banks under it.
- This Interest Rate is used by all banking and non-banking institutions as their minimum interest rate applicable for lending any loan. It has replaced the earlier Base Rate System, which was introduced in the year 2010, for determining lending rates for commercial banks.
During the period when moratorium is declared by the Adjudicating Authority which of the following is prohibited?
First Information Report is not a substantive evidence, it can be used during trial for the following
Which section of the Insurance Act deals with the provisions relating to the restrictions on the opening of a new place of business?
If Judgment Debtor obstructs delivery of possession of property______?
The Supreme Court may grant special leave to appeal from any judgment, decree, determination, sentence or order in any cause or matter passed or made by:
A, for the purpose of inducing B to resist from prosecuting a civil suit, threatens to burn B's house. A is guilty of
As per the Bharatiya Nyaya Sanhita, 2023 ____________ means a group of two or more persons who, acting either singly or jointly, as a syndicate or gang...
In tort law, what is the term for a wrongful act that leads to confinement or restraint of another person against their will?
Section 111 of the Bharatiya Nyaya Sanhita, 2023 introduces the offence of ___________________
A listed company or an aggrieved investor may file an appeal before the Securities Appellate Tribunal against the decision of the recognised stock excha...