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.
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.
Amongst the following, which state celebrates Gangaur festival?
In August 2022, Prime Minister of India inaugurated Homi Bhabha Cancer Hospital in ___.
Imadshahi family was known for the foundation of which state?
Rocket works on the principle of which one of the following?
Which of the following states has the highest child sex ratio in India according to the 5th National Family Health Survey (2019-21)?
In which state is the Madai Festival celebrated?
Kalamkari, the traditional art of hand paintings on fabric, originated in which of thefollowingstates ?
With which of the following sports would you associate the team ‘Kerala Blasters’?
Which of the following is not the Officially Valid Document” (OVD) for KYC:
Which of the following village is declared to be India’s first 24*7 solar powered village?