Question
According to the norms formulated by RBI,a penalty, if
charged for non-compliance with the material terms and conditions of the loan contract by the borrower, should be categorized as ‘penal charges’.Furthermore,the central bank has deferred the implementation of norms regarding penal charges levied by banks and financial institutions to_________ , for new loans.ÂSolution
The Reserve Bank of India (RBI) has deferred the implementation of norms regarding penal charges levied by banks and financial institutions to April 1, 2024, for new loans. According to the norms, a penalty, if charged for non-compliance with the material terms and conditions of the loan contract by the borrower, should be categorized as ‘penal charges’. These charges shall not be levied in the form of ‘penal interest’ added to the interest rate on advances. Furthermore, no additional interest should be computed on such charges.
The e-commerce platform launched by APEDA for agri-exports is known as:
APEDA’s HortiNet system is primarily used for the traceability of which produce?
Which of the following is NOT a function of FSSAI?
…………………………means the crop producing capacity of a soil which is measured in terms of yield (bio-mass).
...Which of the following is not a product category covered under APEDA’s purview?
Which of the following is NOT a function of APEDA under the APEDA Act, 1985?
The branch of biology that deals with the heredity and variation of organisms. Who is known as father of genetics.
Which Indian organization helps exporters meet international food trade requirements and offers infrastructure support?
Traceability in agricultural export means:
In organic farming, which of the following is used as a biological nitrogen source?
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