Question
What is the maximum time period given to the states to
repay the Ways and Means Advances extended to them by the RBI?Solution
Ways and Means Advances are extended by the Reserve Bank of India to the states in order to help them meet the temporary mismatch in the cash flow. The states can repay the advance within a maximum period of 90 days. There is no such facility given to the central government by the central bank. WMA is guided by the Section 17(5) of the RBI Act 1934.
According to the Ministry of Ports, Shipping and Waterways ,India’s major ports handled the highest-ever cargo at ________ in 2022-23.
The STT (Securities Transaction Tax) on "Futures" is proposed to be raised from 0.02% to:
Which body is tasked with preparing the “Management Plan for Sustainable Mining” in the Aravalli region, as per the government’s submission to the...
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Consider the following statements about the Indian-French TRISHNA Satellite:
1. TRISHNA is a collaboration between ISRO and CNES.
2. The s...
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How many loan agreements worth over $2.2 billion were signed between India and ADB for development projects?
What achievement did Aman Sehrawat accomplish at the Paris 2024 Olympics?
The eMobility Simulation Lab will have the latest tools along with financial support from Altair &Â will carry out other e-mobility labs for batteries,...
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