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.
Who won the Menās Doubles Tennis title at the ATP Challenger Tour in Italy in November 2024?
According to the S&P Global Ratings, India is likely to grow at ______ for the next three years, retaining its tag as the fastest-growing major economy.
Graphite is used in which of the following applications?
Which initiative aims to empower marginalized communities through entrepreneurship in India?
- What is the newly launched Indian government initiative "Sagar Samriddhi" focused on?
The government has allocated an additional ā¹10,000 crore to which initiative to support start-ups in India?
Under the Mukhyamantri Mahila Rojgar Yojana, how much initial direct transfer was made into each womanās bank account?Ā
Which city is hosting the 18th International Olympiad on Astronomy and Astrophysics (IOAA) in 2025?Ā
Which port in India hosted the country's first 1 MW green hydrogen plant in 2025?Ā
Who became the first Indian to win the Kenton R. Miller Award from the World Commission on Protected Areas (WCPA)?Ā
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