Question
Which act is not used by banks in India for loan
recovery from wilful defaulters?Solution
Banks use Debt Recovery Tribunals (DRTs), the Insolvency and Bankruptcy Code (IBC), the SARFAESI Act, and RBI guidelines on KYC and Anti Money Laundering for loan recovery. The SEBI Act is not used for this purpose.
Which company announced its collaboration with NITI Aayog's Atal Innovation Mission (AIM) to establish Frontier Technology Labs (FTLs) in schools of str...
Which country did NOT sign the Charter and MoU for the establishment of the Colombo Security Conclave Secretariat in 2024?
Who inaugurated the Bharat Bodh Kendra at India Habitat Centre in 2025?
What is the currency of Bhutan besides the Bhutanese Ngultrum?
Find the ODD one out from the given options.
Who manages the Ministry of Rural Development?
Which hijacked ship's Bulgarian nationals were assured by Prime Minister Narendra Modi to return home soon after being rescued by the Indian Navy?
What was the total investment allocated for semiconductor projects approved near Noida International Airport by the UP Cabinet?
What is the title of the short film made by the Sports Authority of India on the athletes participating in the Asian Games?
Which interface determines how users interact with an operating system?