Question
Which of the following statements is/are not true
regarding the proposed changes/changes being done by the Monetary Policy Committee? I.The Reserve Bank of India (RBI) has announced an increase in the monetary ceiling of gold loans that can be granted under the bullet repayment scheme from Rs 2 lakh to Rs 6 lakh for urban co-operative banks (UCB) who have met the overall PSL target and sub-targets as of March 31. II.The Reserve Bank of India has allowed non-banking financial companies (NBFCs) in the upper and base layer to offset their exposures with eligible credit risk transfer instruments. Earlier, only NBFCs in the middle layer were allowed to make such offsets. III.The Reserve Bank of India has proposed to introduce card-on-file (CoF) token creation facilities directly at the issuer bank level. At present, CoF tokens can only be created through merchant’s applications or on their web page. The measure will enhance convenience for cardholders.Solution
  UCB gold loan: RBI doubles limit to Rs 4 lakh- o  The Reserve Bank of India (RBI) has announced an increase in the monetary ceiling of gold loans that can be granted under the bullet repayment scheme from Rs 2 lakh to Rs 4 lakh for urban co-operative banks (UCB) who have met the overall PSL target and sub-targets as of March 31.  NBFCs in middle, base layer can offset risks- o  The Reserve Bank of India has allowed non-banking financial companies (NBFCs) in the middle and base layer to offset their exposures with eligible credit risk transfer instruments. Earlier, only NBFCs in the upper layer were allowed to make such offsets.   CoF tokenisation facility at issuer bank level – o  The Reserve Bank of India has proposed to introduce card-on-file (CoF) token creation facilities directly at the issuer bank level. At present, CoF tokens can only be created through merchant’s applications or on their web page. The measure will enhance convenience for cardholders.
If 492x51 is a six-digit number that is divisible by 3, then find the maximum value of 9x.
Some pencils were distributed among (x + 2) students such that each student received 10 pencils. If there had been 5 students more, then pencils receive...
Find the remainder when (2100 + 3100) is divided by 5.
The numerator of a fraction is 7 less than its denominator. If the numerator is decreased by 2 and the denominator is increased by 5, then the denominat...
- A number gives a remainder of 19 when divided by 50. Find the remainder when the same number is divided by 25.
A ground is divided into two equal parts. In one part of the ground, there is a cycle race whereas there is a marathon in other part of the ground. At a...
Find the smallest number which when divided by 8, 12 and 15 leaves a remainder of 5 in each case.
A two-digit number has a sum of its digits equal to 9. Additionally, if 27 is subtracted from this number, the resulting number has its digits reversed....
- If the number '6k3942' is divisible by 3, then find the maximum value of 'k'.
Which one of the following numbers is divisible by 11?
