Question
Till 1993, which department in the Reserve Bank of India
(RBI) was responsible for both regulatory and supervisory functions over commercial banks?Solution
Till 1993, regulatory as well as supervisory functions over commercial banks were performed by the Department of Banking Operations and Development (DBOD). Subsequently, a new Department of Banking Supervision (DBS) was set up to take over the supervisory functions relating to the commercial banks from DBOD. For dedicated and integrated supervision over all credit institutions, i.e., banks, development financial institutions and non-banking financial companies, the Board for Financial Supervision (BFS) was set up in November 1994 under the aegis of the Reserve Bank of India.
Who are responsible for legal non-compliance and penalties under LLP Act?
Among the following sections which is not deals with the presumptions of fact________.
Extent of Liability to maintain is determined by a magistrate u/s 125 of crpc depending upon:
In which of the following cases can the principle of natural justice be excluded?
The fundamental rights of the Indian Constitution are:
Dr. B.R. Ambedkar described ___________________ as the heart and soul of the Indian Constitution
Who has the right to seek information under the RTI Act?
In the case of Indian Oil Corporation Ltd. V. Amritsar Gas Services & Ors. it was held that_______________
In case of 3 arbitrators appointment of presiding arbitrator can be made by____.
The oath of office to the governor is administered by