Question
What is the WMA (Ways and Means Advances) limit for the
Central Government as of 2024-25?Solution
The WMA limit for the Central Government was set at ₹1.5 lakh crore for the first half of FY 2024-25 (April-September 2024) by the RBI. WMA is a short-term borrowing facility to meet temporary mismatches in government finances.
Which of the following is not a characteristic of bullion?
1) It is traded on commodity exchanges.
2) It is typically bought and sold base...
Under the SARFAESI Act, what is the maximum period within which an Asset Reconstruction Company (ARC) is required to resolve an NPA after acquiring it?
Which of the following is not a function of the Securities Appellate Tribunal (SAT)?
Which of the following is a type of non-life insurance policy in India?
What is the minimum asset size required for an NBFC to be classified as a ‘Systemically Important NBFC’ in India?
As per the Economic Survey 2023-24, which sector's GVA grew by 9.9% in FY24?
B Ltd. issued equity shares of Rs.10 each at 10% premium; all shares were issued and subscribed. Amount called up: - On application Rs.3 each, on allotm...
Which of the following types of documentary credit offers guaranteed payment to the seller by a third-party bank, even if the buyer defaults?
According to the Reserve Bank of India's report, what annual GDP growth rate does India need to harness its demographic dividend effectively over the ne...
On what basis is an individual resident Indians permitted to include NRI close relatives as a joint holder in resident bank account?