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The payments banks in India were established in order to achieve financial inclusion and these banks can only accept deposits. They cannot undertake lending activities. The RBI has given the approval to open such banks as per Section 22(1) of the Banking Regulation Act 1949. Payment banks have been set up as per the recommendations of the Nachiket Mor committee and they can only accept deposits upto Rs 1 lakh per individual. These banks have to invest at least 75% of its funds in the government securities.
Under the Constitution of India, the procedure for the removal of a Supreme Court Judge is given in:
According to CPC precept is issued by _____________ to _____________
Under what circumstances and for what purpose can the Central Government take measures related to aircraft, as provided under section 8B of the Aircraf...
Any arrangement requiring a purchaser of goods, as a condition of such purchase, to purchase some other goods is:
The doctrine of “Res Gestae” is incorporated under which section of the Indian Evidence Act, 1872?
How many shares, as per the General Insurance Business (Nationalisation) Act, 1972, should be transferred by the Central Government to individuals to en...
The maximum amount which a Court may order for payment of compensatory cost in case of false or vexatious claims or defence under Civil Procedure Code 1...
Under Chhattisgarh Excise Act 1915 Tari means:
The Authority under the PFRDA Act shall establish a committee to be known as the ____________
In which of the following cases excessive use of Section 144 CrPC was discussed
