Question
Which of the following is true about Cash Credit (Bank
Loan)? I. Cash credit is an arrangement whereby the bank allows the borrower to draw amount up to a specified limit. II. Interest is charged on the amount actually withdrawn.Solution
The correct answer is C
Which of the following statements is correct?
Who can file an appeal to the Securities Appellate Tribunal under the SEBI Act?
The provision governing counter claim is covered under which of the following orders of CPC?
Under the Indian Trusts Act, 1882, a “trust” is primarily created for which of the following purposes?Â
Under the Partnership Act, 1932, the essential element of partnership is:
Under which section does the ED have the power of provisional attachment of property?Â
Consider the following statements relating to Section 43A of the IT Act, 2000:
1. It applies to body corporates handling sensitive personal data....
With reference to the "Decree" which of the following statement is wrong?
In computing the period of limitation for filing a suit the day on which it is reckoned ______.
The ____________ shall be responsible for carrying out the safety oversight and regulatory functions as per the provisions of the Aircraft Act 1934