Question
In November 2021, the RBI has authorised _______ as its
agency bank for undertaking government businesses.Solution
The Reserve Bank of India (RBI) has authorised Bandhan Bank as its agency bank for undertaking government businesses. It will allow the bank to undertake government businesses on behalf of the RBI. As an agency bank of the RBI, authorised to undertake government business, the bank will be able to handle transactions related to collection of state taxes and revenue receipts such as the GST and VAT; collection of stamp duty and pension payments on behalf of the central and state governments.
Under the SARFAESI Act, what is the maximum period within which an Asset Reconstruction Company (ARC) is required to resolve an NPA after acquiring it?
Geetika is a supervisor at a call centre. She monitors her employees' calls and keeps a record for each employee of times when they provided exceptiona...
What is the name of the index that measures the performance of small-cap companies in the Indian stock market?
What is the maximum loan-to-value (LTV) ratio allowed for loans sanctioned by banks against the pledge of gold ornaments and jewellery for non-agricultu...
What is the cognitive component of attitudes?
To ensure that employees are satisfied with their performance appraisals, supervisors should ascertain that employees ____________
The rule of 72 can be used to give an estimate of the time period in which an investment amount can grow by ______, given the annual rate of return.Â
What growth forecast for India did S&P Global Ratings retain for FY25?
Which bank received the highest rank in the RBI's 2023 list of Domestic Systemically Important Banks (DSIBs)?
Which company launched the world’s first rocket with a singlepiece 3Dprinted engine?
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