Question
Which of the following is NOT a characteristic of a
valid trust under the Indian Trusts Act, 1882?Solution
Under the Indian Trusts Act, 1882, registration of a trust deed is not mandatory unless the trust deals with immovable property. Section 5 states that a trust involving immovable property must be in writing and registered, but for movable property, no registration is required.
According to the RBI guidelines, which of the following asset classifications represents loans that are considered to be at risk due to a potential thre...
What constitutes an unclaimed deposit according to the revised RBI guidelines?
XYZ Bank Ltd specializes in granting loans to firms in a specific line of business. Which of the following is true in this case?
As per the guidelines of the Basel Committee for Banking Supervision (BCBS), credit losses on stage 1 assets will be categorised as _______ provisions a...
What is the role of the Credit Information Companies (CICs) in India?
Which section of the MSMED Act, 2006 provides for the registration of associations of MSMEs?
Who is the new Managing Director and Chief Executive Officer (MD and CEO) of IndiaFirst Life Insurance?
Which of the following principle of HRD, the top management defining the distribution of authorities and responsibilities to the subordinates so that a ...
What is the International Financial Services Centre Authority and what is its role in GIFT city?
Which ethical theory challenges traditional principles and emphasizes caring relationships?
