Question
Regarding the Statutory Liquidity Ratio (SLR), consider
these statements: 1. SLR is maintained to ensure that banks have liquid assets to meet unexpected demand from depositors. 2. The maximum limit for SLR as per the Banking Regulation Act is 40%. 3. RBI pays interest on the gold portion of the SLR maintained by banks. Which of the statements above is/are correct?ÂSolution
Statement 3 is incorrect. RBI does not pay any interest on the assets (cash, gold, or securities) maintained by banks for SLR purposes.
The permanent house of parliament shall not be subjected to dissolution, but ?
Certified copy of a document is an evidence? If yes then which type of evidence?
Article 20 of Constitution of India speaks about:
According to the Contract Act if there is an alternative promise where one branch being illegal, then ____________
What is the defense of "contributory negligence" in tort law?
Part II of the IBC shall apply to the matters relating to the insolvency and liquidation of corporate debtors where the_____________________
As per the Companies Act to whom shall an application relating to the allotment of Director Identification Number is to be made?
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If a person makes non-natural use of his land by collecting there something which is likely to do mischief by escape, he will be liable if the thing so ...
In arbitration proceedings, who is responsible for appointing arbitrators if the parties fail to reach an agreement?