Question
In the structure of the Payments Regulatory Board (PRB),
who holds a casting vote in case of a tie?Solution
In the Payments Regulatory Board (PRB) , each member has one vote . In case of a tie , the Chairperson—who is the RBI Governor—holds the casting vote , ensuring finality in decision-making. The PRB meets at least twice a year and aims to balance central bank control with government participation.
The type of organizational structure that does not work in accordance with the principal of Unity of command?
Which organization has been designated as the Nodal Agency for issuing guarantee cover under the Credit Enhancement Guarantee Scheme for Scheduled Caste...
Consider the following statements regarding the use of bullion:
1) Bullion can be used for investment purposes as a hedge against inflation.
...What is the purpose of ethical standards?
What does the 'UCP 600' refer to in the context of documentary credit?
With full implementation of Basel III norms, the minimum Total Capital Ratio (including CCB) is prescribed by RBI as ________
For an enterprise with investment in plant and machinery or equipment of Rs.9 crore and turnover of Rs.40 crore will be classified as _______ , as per M...
Match the following:
 Which of the following features best describes a Term Loan as compared to a Cash Credit facility?
What is the role of the Insurance Ombudsman in India?
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