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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.
SWAYAM has been developed cooperatively by the Ministry of Education ( former Ministry of Human Resource Development), and ________________________ with...
________ plans to invest Rs 30,000 crore in the next three years as it expands its petrochemical capacity and scouts for LNG supplies globally.
In which year was the Kala Utsav initiative launched by the Department of School Education & Literacy, Ministry of Education?
Consider the following statements in regards to PRAGATI Scheme for scholarship:
1. It has been launched by the MHRD from the year 2014-15 and imp...
Samagra Shiksha scheme has been aligned with the recommendations of NEP 2020 to ensure that all children have access to quality education with an equita...
The PMSBY can be availed through which of the following channels?
A committee set up to review customer service standards in the Reserve Bank of India’s (RBI’s) regulated entities (REs), headed by________ , will ta...
Which of the following is not a component under the “New Education Literacy Programme”?
Consider the following statements about Adopt a Heritage Scheme:
1. It is an initiative of the Union Ministry of Tourism in collaboration wi...
Consider the following statements:
