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.
Find the ratio of the total number of employees in company D in March and the total number of employees in company C in August.
Find the total number of Apples sold by A and D together.
What is the cost of flooring of P?
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On April, if 5% of total cars available for sell remain unsold, then find the ratio of total number of cars available for sell on August to that on April.
Find the difference between the number of children in orphanage B and orphanage C.
Find the respective ratio of the number of bags sold by shop A on Wednesday and Monday together and the number of bags sold by shop C on Friday and Satu...
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What is the ratio of the marks obtained by Alka in Maths and marks obtained by Kushal in Economics?