Private sector lender Tamilnad Mercantile Bank (TMB) has been authorised by the Reserve Bank of India to undertake government business on behalf of the banking regulator. An agreement in this connection was signed by the bank with RBI in Mumbai for appointing TMB as an 'agency bank' of RBI to undertake government agency business.
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
Who among the following is not one of the eligible beneficiaries of PMUY?
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented ...
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
