Question
CERSAI was formed to discourage and prevent the practice
of taking out various loans from several banks using the same asset or property. What does the ‘S’ in CERSAI stand for? ÂSolution
CERSAI or Central Registry of Securitisation Asset Reconstruction and Security Interest of India, has been established as a company under section 8 of the Companies Act, 2013 by the Government of India. CERSAI was formed to identify and check fraudulent activity in lending transactions against equitable mortgages. In other words, the CRESAI was established to discourage and prevent the practice of taking out various loans from several banks using the same asset or property. Â
Consider the following statements with regard to Statutory Liquidity Ratio (SLR);
1. To meet SLR, Commercial banks can use cash only.
2. S...
What is the characteristic of call money in finance?
The concept which tries to ascertain the actual deficit in the revenue account after adjusting for expenditure of capital nature is termed as;
When was the Reserve Bank of India established ?
The World Bank has approved a loan of around Rs 1,000 crore to the __________ government primarily to support its effort to help the poor and vulnerable...
According to the Harrod - Domar growth model, the GDP is ___
Which of the parameters given below are used by World Economic Forum to calculate Global Gender Gap Index:
I.Economic Participation and Opportuni...
Which of the following statements is/are not true with respect to the Asian Development Bank?
I.ADB is a regional development bank established in...
Match the following:
Which of the pairs given above i...
Which among the following countries has the largest insurance market in the world?