Question
Which regulatory body imposed fines on Axis Bank and
HDFC Bank for failing to adhere to specific guidelines?Solution
The Reserve Bank of India (RBI) recently fined Axis Bank ₹1.91 crore and HDFC Bank ₹1 crore for not complying with norms concerning KYC and unique customer identification codes, aiming to strengthen banking oversight.
What is the maximum loan limit prescribed for lending to Self-Help Groups (SHGs) under NABARD guidelines?
Which form is required for preparing the Balance Sheet of an insurance company engaged in life insurance business as per the IRDA Regulations, 2002?
Donation given by any person except by Indian company to Political Parties or Electoral Trust is allowed under which section?
The costs which were incurred in the past and ignored under capital budgeting are known as_____.Â
Which of the following is NOT an indicator of over capitalization?
The government is considering the increase in FDI limit and easing FDI regulations in insurance. What is the current FDI limit in insurance sector in I...
Unearned premium reserve (UPR) at year-end requires time-apportionment for annual policies. For a policy written on 1 Nov with annual premium ₹24,000,...
Which major factor led to high levels of debt among Indian telecom operators?
Which of the following items cannot normally be reduced to generate short-term internal funds for a company?
The price sensitivity of the market is an important factor of ________ element of micro environment.