Question
The 74th Constitutional Amendment of 1992 deals with the
administration of which bodies?Solution
The 74th Amendment introduced provisions for the governance of municipalities and urban local bodies. It added Part IX-A to the Constitution and created the Twelfth Schedule, which includes 18 functions of municipalities.
Monetary policy in India is formulated by:
The digital payment system UPI, has been developed by which of the following institutions? Â
The process by which a bank converts the cheques and other instruments deposited by customers into cash is known as:
The ‘CAMELS’ approach is a risk assessment method. What does C stand for in CAMELS?Â
A customer reports unauthorized transactions on their digital banking app. Under RBI’s directions, if the customer informs the bank within 3 days, wha...
The 'Basel III' framework primarily focuses on:
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
In banking, IRAC stands for:
The CAMELS rating system, used for bank supervision, does NOT include the factor:
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
Relevant for Exams:
