Question
What is the minimum net owned fund requirement from NBFC
to be eligible to issue credit cards?Solution
Scheduled Commercial Banks (SCBs) other than Regional Rural Banks (RRBs) with net worth of ₹100 crore and above are permitted to undertake credit card business either independently or in tie-up arrangement with other card issuing banks/NBFCs with the approval of their Boards. SCBs (excluding Small Finance Banks and Regional Rural Banks) desirous of setting up separate subsidiaries for undertaking credit card business shall require prior approval of the Reserve Bank.
Under Section 67 of the Transfer of Property Act, the mortgagee may seek foreclose of the mortgagor's right of redemption in which situation?
Under the Land Acquisition Act, 2013, consent of affected families is mandatory in which of the following cases?
Under Section 15(1) of the Environment (Protection) Act, 1986, contravention of Act provisions is punishable with imprisonment up to:
Which section exempts certain persons from limitation, such as insane persons or those under legal guardianship?
According to H.L.A. Hart, what is the key difference between being obliged to do something and having an obligation to do it?
The State executive in India is made up of the ____________.
In the case of Harvey v. Facey it was held that_______________
“The Commission may call for reports, returns and statements from the Central Government or corporations established by any Central Act.”
Thi...
Section 185 prohibits loans to directors. Consider:
(1) It covers loans, guarantees, and securities.
(2) Applies to directors and person...
Who establishes the Data Protection Board of India?
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