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RBI issued draft prudential guidelines for Advances - Projects Under Implementation, Directions, 2024 in May 2024. These Directions are issued to provide a harmonised prudential framework for financing of projects in Infrastructure, Non-Infrastructure and Commercial Real Estate sectors by regulated entities (REs). These Directions also lay down revised regulatory dispensations for changes in the date of commencement of commercial operations (DCCO) of such projects in the backdrop of a review of the extant instructions and analysis of the risks inherent in such financing. For the purpose of application of prudential guidelines contained in these Directions, Projects shall be broadly divided into three phases namely, · Design phase – This is the first phase which starts with the conception of the project and includes, inter-alia, designing, planning, obtaining all applicable clearances/approvals till its financial closure. · Construction phase – This is the second phase which begins after the financial closure and ends on the day before the DCCO. · Operational Phase –This is the last phase which starts with commencement of commercial operation by the project.
A spent 26% of his monthly income on study and 55% of the remaining on rent. If amount spent on rent is Rs. 2035, then find the amount spent on study
A merchant sets the price of an article 60% above its cost price and offers a discount of 25% while selling it. If his profit on ...
A sum is lent at 20% pa compound interest. What is the ratio of increase in the amount in the 4th year to that in the 5th year?
When a shopkeeper sells 6 articles for Rs 30, he earns a profit of 25%. What will be his gain or loss percent if he sells 14 articles at Rs 61.60?
Remi earns a profit of 20% on selling an article at a certain price. If she sells the articles for ₹. 8 more, she will gain 30%. What is the original ...
A seller marked an article 25% above its cost price and sold it after giving a discount of Rs. 60. If the seller earned a profit of 20% in the transacti...
The difference between selling an item at an 18 percent loss and at a 14 percent profit is Rs. 1000. At what price should the item be sold to make a pr...
A shopkeeper marked an article P% above its cost price and sold it for Rs. 1150 after giving a discount of 20%. If the shopkeeper had a loss of 8% on th...
A shopkeeper purchases six small cold drink bottles for Rs. 100. For how much should he sell one such bottle to get a profit of 20%?