Question
As per the RBI guidelines, Banks will be able to offer
short-term crop loans up to one year at what percent of rate per annum?Solution
The government has approved an interest rate subvention of 2 percent for crop loans to Rs 3 lakh during the current fiscal year ending March 2018, the RBI said in a notification to banks. As a result, banks will be able to offer short-term crop loans up to one year at 7 per cent per annum.
The First White Label ATM was set up by
Bank Note Paper Mill India Private Limited was incorporated under which of the following acts?
Which of the following is true about the discounting of bill of banks?
I. Banks provide short-term finance by discounting bills, by making paymen...
Three Banks were merged into one Bank i.e, Imperial Bank in 1921. They are:
The Red-necked Phalarope, recently spotted for the first time in Tamil Nadu, usually breeds in which region?
Instruments issued by registered foreign institutional investors (FII) to overseas investors, who wish to invest in the Indian stock markets without reg...
Perimeter of a square and circumference of a circle are in the ratio 5:11, respectively. If area of the square is 25 cm2, then find the radiu...
Who regulates ‘Commodities Derivatives Market’ in India?
Where are the headquarters of the Reserve Bank of India?
The Bank which gets the first ISO certification was