Question
Which organization recently received approval from the
Reserve Bank of India (RBI) to commence asset reconstruction operations in the fiscal year 2024-2025?Solution
The Shriram Group, headquartered in Chennai, Tamil Nadu, has been granted permission by the RBI to venture into the asset reconstruction sector during FY25. Shriram Credit, a branch of Shriram Capital Limited (SCL), will handle the wealth management side in partnership with various collaborators. Meanwhile, SCL itself will directly operate the asset reconstruction services. Additionally, Shriram Finance Limited (SFL), the largest retail non-banking financial company (NBFC) in India, anticipates a 15% increase in its Assets Under Management (AUM) for the year.
_____________ happens when people are not able to find jobs during some months of the year.
Which of the following is the prime utility of UMANG App?
Consider the following Statements.
I. CBDC is a digital or virtual currency to be launched by the Reserve Bank of India.
II. It does n...
The Ministry of Education has launched Operation Digital Board (ODB) to leverage technology in order to boost quality education in the country. It will ...
Consider the following Statements and choose the option with wrong Statements.
(i) International Financial Services Centres Authority is a cons...
Which of the following reasons prompted India to liberalize its economy?
I- high combined deficit of the central and state governments
II-...
The Land Ports Authority of India is a departmental agency of ______________.
Article 262 of the Indian Constitution empowers the _____________ to adjudicate inter-state water disputes.
Which of the following Statements about the SDGs is/are True?
I. The Sustainable Development Goals are a set of seventeen pointer goals th...
Which of the following Statements about Multiplier Effect is/are True?
I. When the government spends a rupee, overall income rises by a mu...
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