Question
Identify the Incorrect Statements About National Youth
Day in India: (I) National Youth Day is observed in India every year on March 12. (II) The day is observed to commemorate the birth anniversary of Swami Vivekananda.Solution
Both statements are incorrect. National Youth Day is celebrated on January 12 to honor the teachings and ideals of Swami Vivekananda, who was born on January 12, 1863.
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
In banking, IRAC stands for:
A bank’s Profit before appropriations = ₹20 crore. Statutory reserve requirement is 25%. The bank also transfers ₹2 crore to Investment Fluctuatio...
A borrower is offered two loan options:
• Loan A: ₹50 lakh @ 9.5% with 1.5% upfront fee
• Loan B: ₹50 lakh @ 10% with no fee
<...The ‘CAMELS’ approach is a risk assessment method. What does C stand for in CAMELS?Â
The digital payment system UPI, has been developed by which of the following institutions? Â
"CASA" ratio in banking stands for:
An account is classified as "Doubtful Asset" (for more than 3 years) if it has remained in the NPA category for:
Which of the following is not allowed in small accounts?
What is the threshold aggregate annual credit limit for deposit accounts opened using Aadhaar OTP-based e-KYC?