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).
What does BRSR stand for in the context of SEBI's disclosure requirements for ESG responsibilities?
Long-term solvency is indicated by :
The unpaid or unclaimed dividend lying in the Unpaid Dividend Account has to be transferred to the IEPF after how what period?
Which of the following best describes earned value management?
Under the “Credit Enhancement Scheme”, IIFCL provides credit enhancement by way of unconditional and irrevocable partial credit guarantee to enhanc...
Under the IFSCA (Banking) Regulations 2020, what is the Net Stable Funding Ratio (NSFR) requirement for an IFSC Banking Unit?
In April 2022, RBI introduced the Standing Deposit Facility (SDF). What is the major objective behind this?
Which of the following statements about REER is not correct?
India is a nation with one of the highest populations. India’s National Population Policy (NPP) states its immediate objective as addressing the unmet...
What is the employee contribution under EPF scheme?
