Question
Which of the following entities is responsible for
regulating Asset Reconstruction Companies (ARCs) in India?Solution
Asset Reconstruction Companies (ARCs) are regulated by the RBI under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. Their role is to acquire and manage Non-Performing Assets (NPAs) of banks.
According to Regulation 2 of SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003, "fraud" in th...
If an ex officio member ceases to hold office by virtue of which they were nominated, what happens?
What are the eligibility criteria for a person to be elected as the President of India?
Which of the following correctly describes the composition of a committee appointed by the appropriate Government under section 8 of the Code on Wages?
Who is the present chairman of MPEDA
In the case of Indian Oil Corporation Ltd. V. Amritsar Gas Services & Ors. it was held that_______________
What happens to laws in force before the commencement of the Constitution of India if they are inconsistent with the provisions of the Constitution?
Under the Bharatiya Nyaya Sanhita, 2023, theft is committed when a person:
Under Sections 17(1) and (2) of the DICGC Act, 1961, the Official Liquidator of Bank Y assumes charge on April 15, 2025. As the statutory officer respon...
Marshaling can be made by: