Question
Which act empowered the RBI to issue 'Asset
Reconstruction Companies (ARCs)' licenses in India?Solution
The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 empowered the RBI to issue licenses to ARCs in India.
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A bag contains 20 rupees note, 50 rupees note and 100 rupees note in the ratio 5:7:2. If the total amount in the bag is Rs 2,600, find the average numbe...
The salaries of Ravi and Sumit are in the ratio 4: 5. If the salary of each is increased by Rs6,000 the new ratio becomes 35:40. What will be Sumit's in...
There are a total of 168 candies of three different flavours in a jar. The ratio of chocolate candies to strawberry candies is 4:5, and the ratio of cho...
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