Question
The establishment of the Reserve Bank of India was
influenced by the suggestions of which commission?Solution
The Reserve Bank of India was set up on the basis of the recommendations of the Hilton Young Commission. The Reserve Bank of India Act, 1934 (II of 1934) provides the statutory basis of the functioning of the Bank, which commenced operations on April 1, 1935.
When was the Samadhaan Portal launched for monitoring and resolving outstanding dues to MSEs?
Consider the following statements about Fiscal Policy statements mandated under FRBM Act.
1. Macroeconomic Framework Statement contains an ass...
What is the maximum margin money subsidy provided under PMEGP for beneficiaries in rural areas from special categories? Â
In accordance with the recently published discussion paper on Introduction of Expected Credit Loss Framework for Provisioning by Banks on which of the b...
What is the major difference between Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) & Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
Which of the following is closest to directing function of management?
As per the guidelines of RBI, what is the risk weight for the housing loans with LTV Ratio (Loan to Value Ratio) lesser than 80%
Which of the following criteria is not true with respect to Stand Up India Scheme?
In order to settle an international trade in Indian rupee, an AD bank needs to open ______________ of correspondent bank/s of the partner trading countr...
According to the Reserve Bank of India (Interest Rate on Advances) Directions, 2016, banks have the option to consider the outstanding balances of depos...
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