Question
In what year was the National Rural Employment Guarantee
Act (NREGA) enacted?Solution
The National Rural Employment Guarantee Act of 2005, known as NREGA, was enacted to implement the constitutional right to work. The act guarantees 100 days of employment each year to every household where adults are willing to do unskilled labor. If the government cannot provide work, it must pay unemployment allowances.
What type of risk does the Liquidity Coverage Ratio (LCR) aim to address under Basel III?
What is the indicator for monitoring of Asset Quality in new Prompt Corrective Action by RBI for Scheduled Commercial Banks?
Expand CAMELS as one of the rating systems used by RBI
Which of the following correctly defines Yield to maturity (YTM)?
Where are forward contracts typically traded?
Which accounting concept assumes that a business will continue operating into the foreseeable future?
Lead Bank Scheme was introduced in:
Regional Rural Banks (RRBs) were established in which year?
Which of the following methods helps convert receivables to instant cash?
Which Basel Accord introduced the concept of three pillars: capital requirement, supervisory review, and market discipline?
Relevant for Exams:
