Question
Which of the following public sector bank has received
the approval of the RBI to open a special Vostro account with Gazprom Bank of Russia for trade settlement in Indian rupees?Solution
UCO Bank has received the approval of the Reserve Bank of India to open a special Vostro account with Gazprom Bank of Russia for trade settlement in Indian rupees. UCO Bank which is a Kolkata-based lender is the first bank to receive the regulator’s approval following the decision of RBI to allow Indian Banks to settle trade in Indian currency in July.
A setup in which group of individuals or entities decides to pool resources towards fulfilling a debt or financing a single borrower wherein the setup i...
For market risk, the minimum capital requirement is expressed in terms of two separately calculated charges. Which of the following are those two risks ...
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Under which section of the Income Tax Act can an individual claim a deduction for interest paid on a housing loan for a self-occupied property?
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A protection against financial losses in the future is called:
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Which of the following financial management practices is most critical for MSMEs to ensure financial sustainability in a competitive market?
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