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.
The main aim of the 'Ganga Action Plan' is:
The Destructive Insects and Pests Act came into force in the year:
Which of the following statements about transfer payments are correct?
1) Transfer payments are made by the government to households.
2) P...
Traditional folk musicians ‘Manganiyar’ and ‘Langa’ are related to which state of India from following?
How many public sector banks are there in the Indian Banking System as per the data of September 2022?
What is the present Statutory Liquidity ratio (SLR) of the RBI?
According to the Census of India-2011, which state has the largest gap between male and female literacy rates?Â
Which one of the following nature of work shall not be taken into account while the Appropriate Government considers prohibiting employment of contract ...
According to the Economic Survey of India, which of the following states had the highest share in the overall production of sugarcane for the financial ...
The standard policy of ECGC covers the risk of which of the following?