Question
Which of the following entities is considered a "factor"
according to the Factoring Regulation Act, 2011?Solution
Explanation: Section 2 Definitions: (i) “factor” means a non-banking financial company as defined in clause (f) of section 45-I of the Reserve Bank of India Act, 1934 which has been granted a certificate of registration under sub-section (1) of section 3 or anybody corporate established under an Act of Parliament or any State Legislature or any Bank or any company registered under the Companies Act, 1956 engaged in the factoring business.
Reserve Money (M0), also known as High-Powered Money or the Monetary Base, is the most fundamental aggregate. According to RBI reporting in 2026, which ...
If RBI wants to reduce the inflation rate from 6% to 4%, it often has to slow down the economy, leading to a temporary drop in production. In this cont...
Consider the following:
I. Agriculture
II. Industry
III. Services
IV. Personal loans
Arrange the following sectors in ascending order based on GNPA.
RBI mandated use of external benchmarks for pricing of certain loans like retail and MSME loans. I n how many months is the interest rate to be reset at...
When was Insurance Regulatory and Development Authority (IRDA) established?
As per the guidelines of RBI, what is the risk weight for the housing loans with LTV Ratio (Loan to Value Ratio) lesser than 80%
Which among the following is a numerical measurement that is used to predict the chances of a business going bankrupt in the next two years.
……………………………………………. allows the RBI to absorb liquidity (deposit) from commercial banks without giving government secur...
Read the following Statements and answer the question:Â
- India’s inflation target of 4 % ± 2 % is jointly set by RBI and the Ministry of...
As per “Master Circular of RBI – Exposure Norms”, “The exposure” definition shall include which of the following options?
