Question
What is the minimum net owned fund requirement from
NBFC to be eligible to issue credit cards?Solution
Scheduled Commercial Banks (SCBs) other than Regional Rural Banks (RRBs) with net worth of ₹100 crore and above are permitted to undertake credit card business either independently or in tie-up arrangement with other card issuing banks/NBFCs with the approval of their Boards. SCBs (excluding Small Finance Banks and Regional Rural Banks) desirous of setting up separate subsidiaries for undertaking credit card business shall require prior approval of the Reserve Bank.
Simplify the following Boolean expression using Boolean algebra laws:
F = (A + B) * (A' + C) * (B + C)
Which of the following is/are ideal of ways of spreading virus
The banker’s algorithm is used
Which property of a transaction is known as atomicity?
The "fetch-decode-execute" cycle in CPU control design refers to the sequence of actions performed for each:
Which of the following uses the Harvard architecture?
What does the term "microprogramming" refer to in CPU control design?
COBOL is used in
What type of acknowledgement system is used in 802.5?
Which complexity class represents problems that can be solved in polynomial time?
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