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.
By which constitutional amendment the protection of forests and wild animals and birds was transferred from the State List to the Concurrent List?
- What is the typical lifespan of a human red blood cell (RBC)?
Which city is holding the top position in the thirty-third edition of the Global Financial Centres Index?
Match the films with their categories:
Recently, who has been appointed as the Director General, SashastraSeemaBal (SSB)?
Which airlines was recently named 'Airline of the Year'?
Pension Fund Regulatory and Development Authority (PFRDA) notified the new simplified Point of Presence (PoP) Regulations where banks and non-banks will...
Who is the Brand Ambassador of Citroën India?
- Which organization recently delivered the first rear fuselage for the Light Combat Aircraft (LCA) Tejas Mk1A to Hindustan Aeronautics Limited?
- Which blood type is recognized as the universal donor for transfusions?
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