Question
Consider the following statements regarding the RBI’s
July 2025 guidelines on Lending Against Gold and Silver Collateral for Agriculture and MSME Loans: Statement I: The Reserve Bank clarified that loans sanctioned against voluntary pledge of gold and silver as collateral will be considered a violation of collateral-free lending norms. Statement II: The clarification applies to loans sanctioned up to the collateral-free limit under agricultural and MSME lending guidelines. Statement III: These directions apply to all Scheduled Commercial Banks, Regional Rural Banks, Small Finance Banks, State Co-operative Banks, and District Central Co-operative Banks. Which of the above statements is/are correct?Solution
• The RBI circular dated July 11, 2025, clarifies that voluntary pledge of gold and silver as collateral will not be treated as a violation of collateral-free loan norms for agriculture and MSMEs. • The clarification specifically applies to loans sanctioned up to the collateral-free limit as per the relevant Master Directions on agriculture and MSME lending. • The directions were issued to all Scheduled Commercial Banks (including RRBs and Small Finance Banks) and all State and District Central Co-operative Banks. • Hence, Statement I is incorrect, while Statements II and III are correct.
A boy initially has 350 candies. He shares 'c%' of his candies with his friends. Later, his mother gives him 'c' additional candies. Calculate the total...
Find the sum of digits of the largest three-digit number that gives a remainder 2 when divided by 7, 9 and 11.
The average marks of all the students decreased by 5 when it was found that marks of one of the students were wrongly taken as 95 instead of 45. Find th...
- When a number is divided by 63, it leaves a remainder of 34. What would be the remainder when this number is divided by 9?
Raj scored 140 marks in a test getting 3 marks for each right answer and losing 1 mark for each wrong answer, had 4 marks been awarded for each correct...
If ‘+’ means ‘-‘, ‘×’ means ‘÷’ ‘÷’ means ‘+’ and ‘-‘ means ‘×’, then which of the following will be the value of th...
What should come in place of the question mark (?) in the following question?
3/8 × 4/7 ? = 5376
- 60% of 'X' is (3/2) of 'Y'. Find the ratio X:Y, assuming X and Y are co-prime.
- 'N' is the largest three-digit number that leaves 4 as a remainder when divided by 8, 14 and 10. Find the sum of digits of 'N'.
- The divisor is 50% of the quotient and 7 times the remainder. If the remainder is 2, then what is the dividend?
