Question
Where is the Head Office of MUDRA
Bank?Solution
Solution: The MUDRA bank was set up under the Pradhan Mantri MUDRA Yojana scheme. It lends to small entrepreneurs outside the service area of regular banks, by using last mile agents. The bank classifies its clients into three categories as below: Shishu ( शिशु): loans up to ₹50,000 Kishore ( किशोर): loans up to ₹5 lakh Tarun ( तरुण): loans up to ₹10 lakh
If the forward value of the currency is cheaper, the currency is called -
Which among the following is/are the area(s) of operation regarding which complaints can be received by the Banking Ombudsman?
Securities with the combination of characteristics of debt and equity securities are known as
In which market are funds typically transacted on an overnight basis?
Which type of accounting uses Generally Accepted Accounting Principles (GAAP) to ensure consistency and accuracy in reporting financial information?
PFRDA increased the maximum age of joining under NPS Private sector to ___ years.
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Which of the market can be divided into primary and secondary market?
The process by which market participants try to find an equilibrium price?
Where the signature of the drawer of a cheque is not genuine , such a cheque is called