Question
What is the maximum award that can be imposed by the
NBFC Ombudsman in India, as decided by the RBI?Solution
The RBI has recently launched the Ombudsman Scheme for the NBFCs operating in India, under the Section 45L of the RBI Act 1934. The maximum award that can be passed by such an ombudsman will be Rs 10 lakhs whereas an appeal can be filed against the award within 30 days with a deputy governor of the RBI. There is no fee involved in filing a complaint with the NBFC Ombudsman.
Consider two positive numbers that have a ratio of 5:7. If the combined total of their squares equals 1184, determine the sum of these two numbers.
720 is divided into two parts in such a way that the sixth part of the first part and the seventh part of the second are in the ratio 5 : 6. How much pe...
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The marks obtained by X and Y in a quiz are in the ratio 7:5 respectively. If Y had scored 5 more marks, then the marks scored by X would be 30% more th...
A mixture contains milk and water in the ratio 7:5. If 60 liters of this mixture is replaced with 60 liters of water, the ratio of milk to water becomes...
Rs 1800 was divided among A, B and C in the ratio of 11:6:13 respectively. Find the amount received by A and B together.
The ratio of two numbers is 5:9. 150% of the first number is equal to the 80% of the second number. Find the sum of both numbers.
Three Partners Chandra, Shekhar and Azad invested in the ratio of 3/2, 2/3, 4/3 in a business. After 3 months Chandra decreased his capital by 50%. If t...
In a class of 533 students, 133 are girls and remaining are boys. Among boys, the ratio of number of boys who are wearing caps to those who are not wear...
