Question
The Government of India has sanctioned and notified the
Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd with Unity Small Finance Bank Ltd. Which Section of the Banking Regulation Act, 1949 empowers the Reserve Bank of India to prepare a scheme of reconstruction or amalgamation of banking companies?Solution
Section 45 of the Banking Regulation Act, 1949 empowers the Reserve Bank of India to prepare a scheme of reconstruction or amalgamation of banking companies (which include co-operative banks).
The World Bank has approved a $150-million loan to support which state government’s resilient programme designed to strengthen it for natural disaster...
Under the National Livestock Mission, how many breed multiplication farms have been established for pigs?
Statements:
1. Himachal Pradesh will launch the ‘Himachal Pradesh Early Childhood Care and Education Tutor Scheme’.
2. The scheme is a...
Which institution is ranked among the top 25 globally for business and management studies?
National Payments Corporation of India (NPCI) announced the UPI Safety and Awareness initiative, to create awareness amongst consumers. Under this initi...
SBI Cards and Payment Services Ltd, has approved the raising of funds through the issue of non-convertible debentures (NCDs) up to________ .
Jal Marg Vikas Project is being implemented to explore riverine transport for commercial use, this project is being financed by GoI and ______?
Aiming to strengthen 1,514 urban co-operative banks, the Reserve Bank has notified four key measures.Apart from the key measures,it has decided to exten...
Narayan Prasad Saud has been sworn in as the new foreign minister of which country?
On which date was the Bima Sakhi – Mahila Career Agent Scheme launched?
