Question
The Reserve Bank of India (RBI) has issued a framework
for recognizing Self-Regulatory Organizations (SROs) in the financial technology sector (SRO-FT). According to the guidelines, fintech entities regulated by the RBI are encouraged to join at least one SRO-FT. Which of the following statements is correct regarding the framework?Solution
According to the RBI’s framework, there may be more than one SRO-FT, and fintech entities are encouraged to join at least one. The guidelines also suggest that fintech entities could hold membership in more than one SRO-FT, and banks are excluded from this framework.
When there are more than one defendant in a suit, service of summons shall be made______.
Consider the following statements regarding admissions under Sections 16-19 of the Bharatiya Sakshya Adhiniyam, 2023:
Statement 1: An admission m...
Under Section 250, within what period may the accused apply for discharge?Â
How long must an insurer maintain the record for an insurance agent as per the Insurance Act?
Transaction of transfer of ownership in the property for a price partly paid and partly promised is:
Ankit, a tradesman, leaves goods at Sushil’s house by mistake. Sushil treats the goods as his own. Sushil  _______________
Which of the following persons would NOT be considered a "consumer" under Section 2(7) of the Consumer Protection Act, 2019?Â
What is the primary duty of the Board of Approval under Section 9(1) of the SEZ Act?
Milk is adulterated with:
Under Section 14, what is the effect of the acknowledgment of liability in writing?Â
