Question
According to the Deposit Insurance and Credit Guarantee
Corporation Act what does the term "credit facility" encompass?Solution
Section 21A Guaranteeing of credit facilities and indemnifying credit institutions: Explanation - “Credit facility” means any financial assistance, including a loan or advance, cash credit, overdraft, bills purchased or discounted, a term or instalment credit and any guarantee other than a performance guarantee, granted or issued in India by a credit institution at any of its offices in India.
What was the percentage increase in India's import of Russian oil year-on-year in July 2024?
Which entity has seen a 45% yearly growth in transactions, with the value crossing â‚ą20 trillion for the third consecutive month?
Which of the following projects did RECPDCL hand over Special Purpose Vehicles (SPVs) for?
With reference to Mizoram becoming India’s first fully literate state, consider the following statements:
1. Mizoram has achieved the milestone...
Who are the main recipients of the housing scheme introduced in the Interim Budget of 2024?
Which state had the highest number of Urban Cooperative Banks (UCBs) license cancellations since 2014?
Match the following countries with their ranks in the Global Peace Index (GPI) 2025:
Who has been re-appointed as the Managing Director of the International Monetary Fund (IMF)?
A community of people smaller than a village
Which award did Rohit Sharma win at the 26th CEAT Cricket Awards?
