Question
The Reserve Bank of India (RBI) imposed a monetary
penalty on Poonawalla Fincorp Limited for which reason?Solution
The RBI imposed a penalty of ₹10 lakh on Poonawalla Fincorp Limited, Pune, due to non-compliance with the 'Fair Practices Code for NBFCs,' specifically for charging interest on loans from dates prior to disbursal, which was against the terms communicated to customers.
What kind of infrastructure gives the highest impetus for a successful global financial center?
Gujarat International Finance Tec-City (GIFT City) is located on the bank of which river?
The subprime lending meltdown in 2008 made the banks and regulators realize the importance of liquidity risk management in banks. Which of the following...
As per the IRDA Act 1999, when IRDA was established, it replaced _______under Insurance Act 1938.
Which of the following SEBI regulations are concerned with the issue of securities?
When was the idea of the Social Security Exchange floated in India?
Consider the following Statements about the GFCs and choose the option with Correct Statements.
I- The city ranked as the No. 2 GFC in the world ...
As per Global Financial Centres Index (GFCI), how many associate centres are awaiting potential inclusion in the main index?
Which of the following is not a feature of the International Financial Services Centres Authority established under the IFSCA Act?
Which age group is eligible to buy the ABSLI Anmol Suraksha Kawach plan?
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