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).
Which organization will be responsible for the Medium Refit with Life Certification (MRLC) of Sub-Surface Killer (SSK) Class of Submarine "INS Shankush"?
Which article of the Indian Constitution specifies the term of office for a Governor?
As per the latest FIFA rankings, what position does India hold in the men’s rankings, and which country is at the top?
How many Amrit Bharat stations are planned to be redeveloped by 2027 under the scheme?
Who will lead India's implementation of the BBNJ Agreement?
Under the Gruha Lakshmi scheme, women heads of households across the state would receive ₹2,000 every month. This scheme would benefit as many as 12.8...
In bacteria, which of the following mechanisms primarily contributes to genetic variation?
Recently who won the best director award at New York Film Critics Circle?
President Droupadi Murmu received an Honorary Doctorate in Political Science from which university during her visit to Algeria?
How many 'Clean Plant' projects are planned to be launched across India, as announced during the Agri Hackathon in Pune?