Question
Which statement is NOT correct about PSLCs (Priority
Sector Lending Certificate)? (A) PSLC is buy and sale of priority sector loan portfolio (B) The scheme is not applicable for Local Area Banks and Small Finance Banks (C) There will be no transfer of underlying risk (D) PSLC was introduced in April 2016Solution
A scheme of PSLCs was introduced in April 2016. The Reserve Bank provided a platform to enable trading in the certiļ¬cates, through its core banking solution (CBS) portal (e-Kuber). All scheduled commercial banks (including RRBs), urban co-operative banks, small ļ¬nance banks (when they become operational) and local area banks are eligible to participate in trading.
How many players are there in the soccer team?Ā
Among the following statements which is/are correct.
1. Plants convert energy from sunlight into food stored as carbohydrate's.
2. Plants ...
Who presented independent India's first-ever Budget?
Who was the title sponsor of the Ultimate Table Tennis league recently?
How many members of the State Legislative Council are nominated by the Governor?
This festival was started by the Government of Nagaland in 2000 to encourage interaction among tribes and to promote the cultural heritage of the State....
With which of the following musical instruments is Ustad Ali Khan related to?
Who among the following was appointed as the interim CEO of the Board of Control for Cricket in India (BCCI) in July 2020?
Which of the following indexes are used to calculate Human Development Index?Ā
1. Life Expectancy Index
2. Education Index
3. NNI Index
An employee shall be covered under the provisions of the Payment of Wages Act, 1936, should the employee be drawing a maximum monthly wage of: