Question
Which of the following statements are not true regarding
the issuance of a bank guarantee? 1. All bank guarantees have an expiry period and expiry date. 2. Banks are required to maintain capital against the non-fund-based facilities like Bank Guarantee 3. Banks should comply with Ghosh Committee recommendations while issuance of bank guarantee 4. The banks are not allowed to issue bank guarantee in favor of other banks and financial institutions.Solution
Banks can issue bank guarantees in favor of other banks and financial institutions. Rest of the statements are correct.
The Tropic of Cancer (23°30' N) passes through which states of India?
Which climate classification best describes the high-altitude regions of Uttarakhand?
In a particular region in India, the local people train the roots of living trees into robust bridges across the streams. As the time passes, these brid...
Which area is referred to as the Konkan coast?
Which of the following is/are the features of wet tropical evergreen vegetation?
1. Dense Forest with thick spread of grass.
2. Low vege...
In the context of Andaman and Nicobar Islands, which of the statements given below is/are correct?
1. Saddle peak is the highest mountain peak of...
The Ideal temperature for the growth of Bajra is between
Consider the following pairs:
Which of the pairs give...
Which of the following is incorrect regarding Lakshadweep islands?
Arrange the following peaks from East to West based on their geographical locations:
1. Mount Everest
2. Mount Denali
3. Mount Kilimanjaro
4. Mount Elbrus
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