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.
Which of the following document gives an aggregation of various types of expenditure and certain other items across demands?
Current Assets (at cost) Rs.24,00,000, Credit Sales Rs. 68,00,000, Cash Sales Rs.600,000, Sales Return Rs.2,00,000. What can be Current Assets Turnover ...
REC Limited has undertaken an exclusive listing of its recently issued Green bonds of ______ raised under its Global Medium Term Programme of USD 7 bill...
Payment under a contract is made in consideration to which among the following?
What is the feature launched by ICICI Lombard General Insurance for health insurance policyholders to avail cashless facilities at any hospital?
Which of the following is a funds transfer system that operates on a deferred net settlement (DNS) basis?
In which of the following years, India took its first major step towards liberalisation?
There is one budget which is prepared as a consolidated summary of all the functional budgets. Identify it among the following:
Which of the following is NOT a role of project sponsors in project finance?
With which of the following is the 'Service Area Approach' associated with?
