Question
What is the new deposit insurance premium framework
approved by the Reserve Bank of India (RBI) to replace the flat-rate system?Solution
The RBI approved a risk-based deposit insurance premium framework to replace the existing flat-rate system of 12 paise per ₹100 deposit. In this model, banks with lower risk profiles pay lower premiums, while riskier banks pay higher premiums. The aim is to encourage prudent risk-taking and reduce moral hazard.
Consider the following statements about electronic governance:
1. Legal recognition of electronic records is given only if some other law specifi...
Claim for necessaries supplied to a person incompetent to contract is covered under:
Section 3 of the DSPE Act empowers the Central Government to specify:
Under the Arbitration and Conciliation Act, 1996, what happens if a party knows that a provision from which the parties may derogate or a requirement un...
The Central Vigilance Commissioner and the Vigilance Commissioners shall be appointed by the _____________________ as per the Central Vigilance Commissi...
The Latin Maxim ubi jus ibi remedium means_______________
Who appoints the Chairperson of LIC?Â
The President’s Rule in a State can be continued/extended for a maximum period of:Â
What powers does the Supreme Court possess as a court of record?
Appeal from the decision of the National Company Law Appellate Tribunal can be made to the________________
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