Question
The system of the Budget was introduced in British India
during the viceroyalty of ________.Solution
The budget system in British India was introduced in 1860 by James Wilson during the tenure of Lord Canning. Lord Canning was the first Viceroy of India after the East India Company was replaced by the British Crown.
The 'Basel III' framework primarily focuses on:
The 'MCLR' (Marginal Cost of Funds based Lending Rate) system replaced the earlier 'Base Rate' system. What is a key component in calculating MCLR?
Which of the following would not affect bank reconciliation?
Which of the following is not allowed in small accounts?
The process by which a bank converts the cheques and other instruments deposited by customers into cash is known as:
The Basel III framework introduced a new capital buffer called the Countercyclical Capital Buffer (CCyB). What is its primary purpose?
'CBS' in the context of banking stands for:
In cases where REs are unable to meet Customer Due Diligence (CDD) requirements due to a customer’s lack of cooperation, what is the recommended actio...
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
The process by which a central bank influences the money supply and interest rates by buying and selling government securities is known as:
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