Question
On which date was NSDL Payments Bank included in the
Second Schedule of the RBI Act, 1934?Solution
NSDL Payments Bank was officially added to the Second Schedule of the RBI Act, 1934, through a notification dated June 19, 2025. Inclusion in the Second Schedule designates a bank as a "scheduled bank," enabling access to facilities such as borrowing from RBI and participation in clearinghouses.
Which of the following is the correct full form of AUM?
Which transaction results in flow of funds?
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it
Which telecom operator consolidation occurred in the Indian telecom industry, leading to a reduced number of major players?
If an employer transfers second hand motor car to the employee, the perquisite is valued at:
A company takes office space on a 5-year lease. As per Ind AS 116, what should be recognized in books at commencement?
Which of the following are needed for the analysis of the financial statements of a company?
Which of the following section deals with deduction in respect of Interest on deposits in savings/FD account in case of resident senior citizens?
What is the role of GeM in promoting the "Make in India" initiative?
Income Tax Act, 1961 came into force on _______.
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