Question
The Deposit Insurance and Credit Guarantee Corporation
allowed the customers of failed/stressed banks to withdraw upto Rs 5 lakh of deposit under the moratorium period and this amount equals to __________ of the total deposits held with banks.Solution
The Rs 5-lakh deposit insurance cover, which was last year raised from Rs 1 lakh, will address 98.3 per cent of all deposit accounts by number, and 50.9 per cent of deposits by value.
According to section 32 of the Specific Relief Act an instrument can be cancelled in part when
Void Agreement signifies_____________
Under the definition of “approved securities” in Section 5(a) of the Banking Regulation Act, 1949, as substituted by the Banking Laws (Amendment) Ac...
Indian Evidence Act was drafted by:
The Constitution of India is
According to the IRDA Act, 1999 intermediary or insurance intermediary includes_________
What are Eligible Companies under section 76 of the Companies Act, 2013?
Who among the following is a 'holder in due course' under Section 9 of the Act?
Under Section 11, what is the maximum age up to which the Chairperson of the DRAT can continue to serve?
Under Section 30B of the SARFAESI Act, an appeal against the order of the adjudicating authority imposing penalty under Section 30A must be preferred wi...