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.
What is the key purpose of the Tariff Rate Quota (TRQ) mechanism as outlined in the RBI circular on the import of gold by TRQ holders?
Â
What is the maximum permissible implementation cost for advanced level, under the scheme that aims to enhance MSMEs’ productivity, efficiency, and com...
Consider the following Statements and choose the option with correct Statements.
I- Ministry of Civil Aviation has launched Regional Connectiv...
A bond has a face value of ₹100, carries a coupon interest rate of 8%, and is currently trading in the market at ₹90. What is its current yield?
Which of the following measures reflects the ratio of change in the price of call option to the change in the price of the underlying stock?
A company’s quick ratio is 1.2. If inventory were purchased for cash, the:
Which of the following is not an Asset for the bank?
Which of the Uniform Customs & Practice for Documentary Credits (UCP) rules issued by ICC, are currently in effect?
Consider the following statement regarding the Reserve Bank of India's (RBI) actions and reports, on foreign currency liquidity management, Â
1...
Which city ranked 350th in the 2024 Oxford Economics Global Cities Index?
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