Question
Which one of the following sections of the Indian Penal
Code relates with punishment for counterfeiting currency notes or Bank notes?ÂSolution
S. 489 A Counterfeiting currency-notes or bank-notes. Whoever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine. Â Explanation. For the purposes of this section and of sections 489B, 489C, 489D and 489E, the expression "bank-note" means a promissory note or engagement for the payment of money to bearer on demand issued by any person carrying on the business of banking in any part of the world, or issued by or under the authority of any State or Sovereign Power, and intended to be used as equivalent to, or as a substitute for money.
As per the Large exposure framework, banks can have a maximum exposure up to _____ of eligible capital of bank, to a single borrower.
A loan facility extended for import of goods or services, is called as ________
When a company compares its sales and expenses to determine that volume of production where there is no profit and no loss. This type of analysis is kno...
Which of the following pension schemes is managed by the Pension Fund Regulatory and Development Authority (PFRDA) and allows investors to choose from ...
Under the MSMED Act, 2006, what is the interest rate that a buyer must pay to an MSME supplier if payment is delayed beyond the agreed date?
 If the inventory turnover is divided by 365, it becomes a measure of
In an inventory control model the ‘Buffer stock’ is the level of stock
Under the Stand-Up India Scheme, banks are required to provide loans to which category of entrepreneurs?
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Consider the following statements about the participants in the derivatives market:
1. Hedgers use derivatives to manage or mitigate risk by taki...
