Question
Which institution had the largest outstanding lending
according to the RBI’s Financial Stability Report (FSR) 2024?Solution
Explanation: The RBI FSR 2024 stated that State Bank of India (SBI) continues to be India’s largest lender, contributing significantly to gross advances in both retail and corporate segments.
X and Y are partners in 3:2 ratio. Z is admitted and brings ₹1,00,000 as capital and ₹20,000 as goodwill. Goodwill is not to be retained in books. O...
During hard market conditions, insurers tend to raise premiums and restrict coverage due to past underwriting losses. What phase does this describe in t...
Price risk is the risk of a decline in the value of a security or a portfolio. How can one transfer price risk?
What is the maximum number of directorships a person can hold in Indian companies as per Companies Act, 2013?
Till when shall the President and every other Member of the Tribunal shall hold office from the date on which he enters upon his office as per the Comp...
Sunita accepted a 90 days bill of Rs. 20,000/- drawn by Vinita on 05.02.2017. On 13.03.2017 Sunita wished to retire the bill. Vinita offered rebate @ 1...
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
Supply of goods packed and transported with insurance. This is a ___
Under RBI’s KYC Directions, which category of bank account is permitted to be opened with simplified documentation (relaxed KYC norms), subject to res...
Under RBI’s guidelines, what is the maximum collateral-free loan amount permitted to startups for PSL classification?
