Question
 The Pradhna Mantri Garib Kalyan Ann Yojana (PMGKAY)
was extended for how many months by the Central Government till November 2021 to distribute free wheat and rice to the public?Solution
The scheme was extended for 5 months until November 2021 to cater around 80 crore citizens of India. Under this scheme the government is distributing 5kg of food grains per person per month covered under National Food Security Act(NFSA).Â
If a transaction is reportable in both India and an overseas jurisdiction, what must market participants do if the foreign country has a tighter deadline?
What forward-looking parameter represents the statistical likelihood of a borrower defaulting on an obligation over a specific time horizon?
How are Off-Balance Sheet commitments valued for accurate inclusion under large exposure limits?
To prevent banks from utilizing overly optimistic internal statistical software to under-provision under the ECL guidelines, the regulator introduces wh...
In which year was the Prompt Corrective Action (PCA) framework first introduced in India to bring structural improvements to weak banking institutions?
For transactions reportable only in India, who is responsible for generating the UTI if the transaction is executed on an approved Electronic Trading Pl...
What are the two essential structural components that form a 52-character Unique Transaction Identifier (UTI)?
The current expected risk-free rate is 4%, the equity premium is 3.9% and the beta is 0.8. calculate the return on equity.
If an institution fails to provide a service that it has no legal, regulatory, or contractual obligation to offer, can this failure be labeled a "defici...
If a borrower wants to challenge a bank's action under the SARFAESI Act, where must they file an application?
