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The Reserve Bank of India’s study on the theme - Alternative Sources of Financing for Municipal Corporations’ showed that the municipal corporations (MC) in the country need to explore different innovative bond and land based financing mechanisms to augment their resources. MCs need to adopt sound and transparent accounting practices with proper monitoring and documentation of various receipt and expenditure items. MCs’ committed expenditure in the form of establishment expenses, administrative costs and interest and finance charges is rising, but capital expenditure is minimal. MCs mostly rely on borrowings from banks and financial institutions and loans from Centre and State governments to finance their resource gaps in the absence of a well-developed market for municipal bonds. RBI Headquarters: Mumbai Governor: Shaktikanta Das Deputy Governors: MK Jain, MD Patra, M Rajeshwar Rao and T. Rabi Sankar Municipal Corporations- A city, town, village, or county that has been incorporated by a state and is authorized to administer local, governmental affairs, e.g., to establish a police force. A municipal corporation is created by a state's legislature which also controls, inter alia, its duration, rights, and powers.
In a certain code language, 'RESTRICT' is written as 'CTRISTRE', 'STARTING' is written as 'NGTIARST' and 'MOUNTAIN' is written as 'INTAUNMO'. What is th...
Select the figure from among the given options that can replace the question mark (?) in the following series.
Select the number that can replace the question mark (?) in the following series.
5, 9, 17, 33, 65, ?
In a certain code language, SUBTLE is coded as 75 and CHAIR is coded as 36. How will UNIVERSE be coded in that language?
‘A + B means "A is the son of B, A – B means A is the daughter of B’, A × B' means 'A is the mother of B. 'A ÷ B means "A is the brother of B�...
What should come in place of '?' in the given series?
4 22 112 562 2812 ?
Which of the following group represents the females in the group?
i) sitting on the third position on the right side of the F, A is sitting in the second position on the left side.
ii) C is either sitting in ...
Which two signs should be interchanged to make the following equation correct?
16× 25÷ (121 - 11) = 389
In the following question, select the missing number from the given series.
?, 3, 5, 7, 11, 13
