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.
A judge of a High Court is appointed by the President of India in consultation with:
If the sides of a triangle are all doubled the area.
Indian National Congress was founded by __________.
Among the following taxes, which is the direct tax in India?
Which amongst the following was not correct about the ancient town of Mathura ?
Consider the following statements :
1.     Kerala as well as Ladakh regions were influenced by Chinese and Arab traders.
2.    �...
The basic teachings of which amongst the following sects/religions are contained in the maxim "Good Thoughts, Good Words and Good Deeds."
Who won the fifth edition of the Indian Premier League?
A boat made of steel does not sink in water because
Which one of the following rivers is also known as the ‘sorrow of Benagal’?
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