Question
Which of the following entities is covered under the
Scheme without any asset or deposit size thresholds attached to its name?Solution
Credit Information Companies (such as CIBIL, Experian, etc.) and Non-bank PPI issuers are included unconditionally under the 2026 rules, with no minimum floor limits regarding their asset size or deposit volume. The Scheme applies to services provided by the following Regulated Entities (REs): ο Banks: All Commercial Banks, Regional Rural Banks (RRBs), State/Central Co-operative Banks, and Scheduled/Non-Scheduled Primary (Urban) Co-operative Banks with a deposit size of βΉ50 crore and above (as of the previous fiscal year's audited balance sheet). Excludes banks under resolution, winding up, or All-Inclusive Directions. ο NBFCs: All NBFCs registered with RBI that are authorized to accept deposits OR have a customer interface with an asset size of βΉ100 crore and above. (Excludes HFCs, CICs, IDF-NBFCs, NBFC-IFCs, NOFHCs, Primary Dealers, and Mortgage Guarantee Companies). ο Prepaid Payment Instruments (PPIs): All Non-bank PPI Issuers. ο Credit Information Companies (CICs): All registered CICs.
Which of the following cannot be qualified to be a Judicial Member of SAT?
The power of supreme court to transfer cases and appeals from one High Court to another High Court can be exercised on an application by :
Which of the following are the provisions of judgment under CPC?
Which of these insurance claims can be taxed as Capital Gains Tax?
The Court has power to issue Commission for what purpose?
Which of the following correctly explains a Tort?
In a civil suit, what is the purpose of a temporary injunction?
Which of the following is incorrect with respect to the information that are required to be incorporated in the Memorandum of Association of a Company?
What is the maximum period an Executive Magistrate may authorize the detention of an accused in custody?Β
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