Question
 A Cash Credit or Overdraft account can be considered
as out of order if:Solution
A CC/OD account shall be treated as ‘out of order’ if: The outstanding balance in the CC/OD account remains continuously in excess of the sanctioned limit/drawing power for 90 days, or The outstanding balance in the CC/OD account is less than the sanctioned limit/drawing power but there are no credits continuously for 90 days, or the outstanding balance in the CC/OD account is less than the sanctioned limit/drawing power but credits are not enough to cover the interest debited during the previous 90 days period
The Financial Sector Assessment Program (FSAP), which provides comprehensive evaluations of a country’s financial system, is jointly conducted by whic...
Traditional folk musicians ‘Manganiyar’ and ‘Langa’ are related to which state of India from following?
Which of the following rocks are formed during rock metamorphism?
On 26 January 2019, the Constitution of India completed 69 years of its existence. In these years, it was amended ______ times (as on 12 January 2019).
Where is the headquarters of ISRO located?
What amount of ‘Seed Capital’ is provided as support to a Self-Help Group under the Pradhan Mantri Formalisation of Micro Food Processing Enterprise...
Which of the following statements about the functions of the State Finance Commission is/are correct?
1. It reviews the financial position of the...
Atal Tunnel connects which two places?
What is the highest peacetime gallantry award in India, awarded for acts of valour, courageous action, or self-sacrifice away from the battlefield?
The Cardamom Hills are regarded as a continuation of the ________ in India.