Question
Which of the following is the correct meaning of Cash
Reserve Ratio (CRR), a monetary policy tool used by RBI?Solution
CRR, or Cash Reserve Ratio, is the percentage of a bank's total deposits that they are required to keep with the Reserve Bank of India (RBI) as reserves. The minimum CR requirement is specified by RBI which is a percentage of the Net Demand and Time Liabilities (NDTL) of the bank. Banks cannot lend the CRR money to corporates or individual borrowers, nor use that money for investment purposes. Banks do not earn any interest on that CRR.Â
Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer ………....
Under the Motor Vehicles Act, what is prohibited regarding the speed of a motor vehicle in a public place?
According to Section 32 of the Sale of Goods Act, 1930, what is the relationship between payment and delivery of goods?Â
According to Section 16(1)(a) of the Sale of Goods Act, 1930, when does the condition of fitness for a particular purpose apply?Â
Under Section 15 of the Sale of Goods Act, 1930, when goods are bought by description, which implied condition arises?Â
According to Section 14(b) of the Sale of Goods Act, 1930, what is the scope of the implied warranty of quiet possession?Â
Under Section 13 of the Sale of Goods Act, 1930, when does a condition reduce to the level of a warranty?Â
Under Section 17(2) of the Sale of Goods Act, 1930, which implied warranty applies in contracts for sale by sample?Â
Under Section 19(3) of the Sale of Goods Act, 1930, in the absence of contrary intention of parties, which rules apply to ascertain when property passes...
How should a payment be applied when neither party specifies the appropriation?