Question
The Government of India has sanctioned and notified the
Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd with Unity Small Finance Bank Ltd. Which Section of the Banking Regulation Act, 1949 empowers the Reserve Bank of India to prepare a scheme of reconstruction or amalgamation of banking companies?Solution
Section 45 of the Banking Regulation Act, 1949 empowers the Reserve Bank of India to prepare a scheme of reconstruction or amalgamation of banking companies (which include co-operative banks).
Under the Indian Contract Act, a collateral contract that involves an illegal object but is signed voluntarily by both parties is later disputed.
Which challenge was posed by Over-the-Top (OTT) services to the traditional Indian telecom services?
Maximum number of partners allowed in a partnership firm is:
Which of the following statement is true?
Minimum number of directors required in a public company is:
The registered office clause of memorandum of association contains
An "Agreement to sell" becomes a "Sale" when:
The doctrine of 'Ultra Vires' is applicable to:
What will be the P/V ratio for the firm with the following sales and profit during last two years:
Under the Companies Act, 2013, which document defines the relationship between the company and its members?
