Start learning 50% faster. Sign in now
The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend, except in some cases allowed by the RBI. It is an internal benchmark or reference rate for the bank. The MCLR methodology for fixing interest rates for advances was introduced by the RBI with effect from April 1, 2016.
As per the Motor Vehicles Act, Death of insured-
According to the General Insurance Business (Nationalisation) Act, what is the prescribed rate of interest for any unpaid amount, whether in instalments...
The quorum for a meeting of the Board of Directors of a company as laid down under the Companies Act shall be______________
In which of the following cases it was held that by the Supreme Court that: “the period mentioned in Section 13B(2) is not mandatory but directory, ...
Partner's authority in an emergency is covered under which section of Indian Partnership Act?
Precept is issued by___ to __.
The Conciliator shall _______ the parties in an independent and impartial manner in their attempt to reach an amicable settlement of their dispute.
When is the object or consideration of an agreement unlawful?
Redemption is a right of?
Part II of the IBC shall apply to the matters relating to the insolvency and liquidation of corporate debtors where the_____________________