Question
The Digital Lending Directions, 2025 are applicable to
which of the following entities? ÂSolution
Explanation: The Directions clearly state that they apply to all digital lending activities undertaken by REs, namely Commercial Banks, Co-operative Banks (Urban, State, and Central), NBFCs (including Housing Finance Companies), and All-India Financial Institutions. LSPs and FinTechs are not independent REs; they act only as agents of an RE. Â
Which bank has been assigned the Lead Bank Responsibility for the newly formed district of Maihar in the state of Madhya Pradesh?
As per Companies Act, every company shall have at least one director who stays in India for a total period of not less than _____ during the financial y...
Which of the following is an example of a risk transfer technique?
According to the Union Budget 2023-24, consider the following statements.Â
1. One hundred and fifty-seven new nursing colleges will be establish...
Which of the following statements about life insurance in India is/are incorrect?
1) The Life Insurance Corporation of India (LIC) was establi...
Which of the following statements is/ are correct?
- Budget Division of Department of Economic affairs prepares the bud...
How does the purchase of a new machinery to expand production capacity affect the working capital of a company ABC Limited?
In the Altman Z Score model , a company with a Z Score of 1.7 is classified in the financial distress zone . If a company’s Z Score increases from 1....
As per the recently published discussion paper on expected credit loss model for banks the model proposes to compute ECL (depending on whether there has...
What is the difference between bullion and numismatic coins?
Â
