Question
Recently which of the following institution presented
the study on the theme - Alternative Sources of Financing for Municipal Corporations?Solution
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.
Which is a mode in networking?
Which of these can be overloaded?
In a digital signature scheme, what does the process of "signing" mean?
What is a critical section in the context of synchronization?
Which of the following is not the required condition for binary search algorithm?
Which of the following sorting algorithms has a worst-case time complexity of O(n^2)?
What is the goal of instruction pipelining in a CPU?
CSS comments are placed within the ______.
In big data analytics, what is the process of identifying and correcting errors or inaccuracies in the collected data?
Which of these signifies Not a value?