Question
What is the maximum compensation that can be awarded by
the Banking Ombudsman under the Reserve Bank of India's scheme?Solution
Under the Banking Ombudsman Scheme, the maximum compensation that may be awarded to a customer is ₹1 lakh for loss due to service deficiency, harassment, or mental agony.
To improve socio-economic conditions of the particularly vulnerable tribal groups (PVTGs), the Government has stated that the Pradhan Mantri PVTG Devel...
Derivatives can be used to hedge the risk. A person can protect himself from downside risk by entering into which of the following position?
What type of insurance will apply if a family member has broken his/her leg in an accident while on vacation in Singapore?
What is the primary characteristic that distinguishes common equity from preferred equity in the capital markets?
According to the Union Budget 2023-24, consider the following statements.Â
1. ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomes�...
A manufacturing company is considering expanding its production capacity by acquiring new machinery. The company is exploring the option of leasing the ...
A bank has failed to meet its obligation on account of a payment on due date due to its incapacity to pay. What kind of risk it is?
What is considered as the life spark of management and includes motivating, guiding, influencing and supervisingthe employees?
The duration of a 5-year zero-coupon bond is
What new regulatory framework did SEBI introduce to redefine market capitalization computation for listed companies?
