Question
What does first ‘P’ in the security instrument
PNCPS, stand for?Solution
Perpetual Non-Cumulative Preference Shares ( PNCPS ) are a type of preference shares which do not have a redemption date and also do not have a cumulative clause for the dividend. These are treated as part of Tier I capital, as per RBI, for the calculation of capital adequacy of the bank.
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Which of the following statements is/are correct regarding the 16th Finance Commission (FC)?
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Match the following organizations with their headquarters:
Which is India’s oldest university, established in 1818?
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In commemoration of the birth anniversary of former Prime Minister Atal Bihari Vajpayee, Chief Minister Yogi Adityanath has inaugurated Uttar Pradesh's ...
Which operation was conducted by the Indian Navy to rescue an Iranian ship from pirates?
