Question
The Regional Rural Bank (Amendment) Act 2015
prescribes that the combined share of the government and the sponsoring bank should be a minimum of: -Solution
The Regional Rural Banks (Amendment) Act, 2015, came into effect from 4th February 2016. The Act raises authorised capital to Rs 2,000 crore and states that it cannot be reduced below Rs 1 crore. The Act allows RRBs to raise capital from sources other than the existing shareholders -central and state governments, and sponsor banks. Here, the combined shareholding of the central government and the sponsor bank cannot be less than 51%.
'CIBIL Rank' for MSMEs (CIBIL MSME Rank) is provided on a scale of:Â
What is the 'Margin' in the context of a bank loan?Â
What initiative was launched by SIDBI in 2018 to track the current state and expected outlook on the MSME sector?
Which organization provides credit insurance to Indian exporters?Â
What does a 'Zero-Coupon Bond' mean?Â
Under the Kisan Credit Card (KCC) scheme, the 'Scale of Finance' for a crop is decided by:Â
Under the prompt corrective action (PCA) framework, which of the following parameters is NOT monitored by the RBI?Â
What is 'Countercyclical Capital Buffer' (CCyB)?Â
'Rights Issue' of shares refers to:Â
As per IRAC (Income Recognition and Asset Classification) norms, an asset is classified as a 'Loss Asset' when:Â
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