Question
Which of the following statements is correct
about Electoral Bonds? i. Electoral Bond is an interest-free financial instrument in the nature of a promissory note.Β ii. Electoral Bonds are valid for 15 calendar days from the date of issue. iii. No payment shall be made to any payee political party if bond is deposited after expiry of validity period.Solution
All the statements are true about the Electoral Bonds.
Under Section 45MC of the RBI Act, 1934, a non-banking financial company shall be deemed unable to pay its debt if it fails to meet a lawful demand with...
Section 16 of the Act prohibits common directorships. No banking company incorporated in India may have in its Board of directors more than three direct...
Under Section 50 of the RBI Act, 1934, the auditors appointed by the Central Government hold office for such term not exceeding what period, and are eli...
Under Section 2 of the RBI Act, 1934, the 'Bank for International Settlements' is a body corporate established under the law of which country?
An appeal to the Appellate Tribunal against an order of the Adjudicating Authority under PMLA must be filed within:
Under the Companies Act Appellate Tribunal means the__________________
If any person contravenes or attempts to contravene or abets the contravention of the provisions of the PFRDA Act, he shall be punishable with __________
Section 34A of the Banking Regulation Act, 1949 protects certain documents of a confidential nature, including reserves not shown in the published balan...
Art 12 of the Constitution of India defines State to include:
Under Section 138, after receiving the demand notice, the drawer must make payment within: