Question
If a director's "Deed of Covenant" is breached, the
Board must report it to:Solution
Any breach of covenant must be reported to the regulator (RBI) immediately. "Deeds of Covenant" are mandatory documents executed by directors (specifically independent and non-executive directors) of banks and NBFCs, and issued as guidelines by the Reserve Bank of India (RBI). These covenants are part of the "fit and proper" criteria enforced by the RBI to regulate the financial system, and any breach of these covenants must be addressed within the governance framework prescribed by the RB
______ represents the high point of an eclectic art, which, in the 7th and 8th centuries under the Chalukya dynasty, achieved a harmonious blend of arc...
In _______ the East India Company's ships defeated the Portuguese in the Swally estuary off Surat.
Consider the following statements:
1. The Constitution of India designates Hindi in Devanagari script as the official language of the Government ...
Which state's renowned craft of 'Chandi Tarakasi,' also known as silver filigree, has been officially recognized with a Geographical Indication (GI) tag?
Consider the following statement about ICC Men's Cricket World Cup 2023:
1. Virat Kohli has been named as the player of the tournament.
2....
Which one of the following Articles states for the Uniform Civil Code for the citizens?
'Golden Revolution' is related to ________.
Which of the following states has a higher potential for solar energy?
Kanya Sumangala Yojana was was launched in Uttar Pradesh to promote __________.
During Akbar’s regime, who carried out land revenue reforms:
