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The Act provides a structure under which commercial banking in India is supervised and regulated. The Act supplements the Companies Act, 1956. Primary Agricultural Credit Society and cooperative land mortgage banks are excluded from the Act. Several powers are provided by the Act to the Reserve Bank of India: to license banks, have regulation over shareholding and voting rights of shareholders; to supervise the appointment of the boards and management; to regulate the operations of banks; to lay down instructions for audits; control moratorium, mergers and liquidation; to issue directives in the interests of public good and on banking policy, and impose penalties
Anjali earned 236 marks in Economics but fell short of the passing mark by 64 points, given the required minimum of 40%. What is the total number of mar...
Aryan, Bhavya, and Chetan initiated a venture with initial investments of Rs. 50,000, Rs. 60,000, and Rs. 72,000 respectively. After six months, Aryan, ...
If the length of a rectangle is increased by 60%, what would be the percentage decrease (correct to the nearest integer) in the width to maintain the sa...
In a company with a total of 450 employees, 270 are men, and the remaining are women. It is known that 60% of the women are employed in the marketing de...
The ratio of the number of males and females in an apartment is 14:11. If 25% of the males and 25% of the females read newspapers out of 200 persons, t...
Seven years ago, the ratio of the ages of A and B was 4: 5. Eight years hence, the ratio of the ages of A and B will be 9:10. What is the sum of their p...
Monthly income of Neha and Suresh is Rs. 68,500 and Rs. 74,800 respectively. Neha spends 10%, 15%, and 19% on house rent, food, and education of childre...
When the income of the man is increase by Rs. 9000 then tax rate reduces from 18% to 15%. While in both the situation 25% income is tax free. Find his i...
