Question
As of July 2024, the Reserve Bank of India requires
scrutiny of Non-Performing Asset (NPA) accounts with outstanding amounts of how much and above for potential wilful default?Solution
The RBI's Master Directions issued on 30th July 2024 stipulate that banks and NBFCs must scrutinize NPA accounts with outstanding amounts of Rs 25 lakh and above to determine wilful default. This directive aims to enhance transparency and reduce financial risk by closely monitoring significant defaulters.
What is the primary objective of the $100 million credit facility agreement between SIDBI and AFD?
Which NBFC became the first miscellaneous NBFC in India to cross ₹1 lakh crore business turnover?Â
What is the primary aim of the Special Assistance to States for Capital Investment (SASCI) scheme?
Which lunar mission’s payload recorded the first direct observation of a Coronal Mass Ejection’s impact on the Moon’s exosphere?Â
Where are the 2025 World Boxing Championships being held, with India fielding a 20-member squad?Â
What is the name of the sixth Anti-Submarine Warfare Shallow Water Craft (ASW SWC) launched at Cochin Shipyard in October 2025?Â
What is the official theme of the World Economic Forum (WEF) Annual Meeting 2026 at Davos?Â
Which country remained India’s largest FDI source for the seventh consecutive year in FY25?Â
When did the Indian government reduce the windfall tax on domestically produced crude oil to 'nil'?
Madhya Pradesh will become the first Indian state to introduce which budgeting framework from 2026-27?Â
