Question
Which of the following institution in India is
appointed by the RBI for valuation of portfolios of government securities and state development loans? This will also play a crucial role in deciding the external benchmark linked lending of loans by PSB’s?Solution
The Reserve Bank has appointed the Financial Benchmark India Pvt Ltd (FBIL) for valuation of portfolios of government securities, which earlier used to be done by FIMMDA. FBIL will commence publication of the g-sec (government securities) and SDL (state development loans) valuation benchmarks based on the extant methodology. FBIL would also compute and disseminate the daily reference rate for spot USD/INR and other major currencies against the rupee which used to be done by RBI itself. Banks, non-banking financial companies (NBFCs), primary dealers, co-operative banks and all financial institutions which are required to value government securities as per FIMMDA may use FBIL prices from April 2018 Onwards
Presumption as to electronic agreements is discussed under section ….of Indian Evidence Act?
Who forms the committee responsible for recommending the appointment of the State Chief Information Commissioner and the State Information Commissioners...
Under CrPC, if it is found out that wrong court has decided the suit, what will happen to the order passed by the court?
Limitation to file suit under Section 6 of the Specific Relief act 1963, is:
Bank to have the right to transact Government business in India is provided in section____ of The RBI Act 1934
When a Hindu inherits the property from his father under Section 8 of the Hindu Succession Act 1956, he takes it as :
When a person dies, what will be the liability of the legal representative for the penalty imposed on the deceased under Depository Act?
Which mechanism primarily ensures administrative accountability in India?
Cumin seeds are commonly adulterated with:
Words are divided into parts of speech according to:
