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.
Yastika Bhatia and Renuka Singh Thakur have been recently roped in as the brand ambassadors of which automobile company?
Which company has received RBI approval to acquire Tata Communications Payment Solutions Ltd (TCPSL)?
Which committee has been set up to address fintech regulatory challenges in India?
In NCAER, what does 'A' stand for?
European Union's JUICE Spacecraft will explore which of the following planets?
Who became the first cricketer to be 'timed out' in an international match during the ODI World Cup match between Sri Lanka and Bangladesh?
GoDigit Life, the life insurance business of GoDigit Insurance has raised equity funding from two major private sector lenders Axis Bank and HDFC Bank. ...
Who designed and built the first IAF-made patent aircraft, Air Force 'Kanpur-1 Vintage Prototype Aircraft'?
The premium for Pradhan Mantri Jeevan Jyoti Bima Yojana increased from Rs 330 to Rs____?
Which satellite has been flagged off to the launch port at the Satish Dhawan Space Centre in Sriharikota, and what is its primary objective?