Question
According to Kelsen, in “..every country there is a
hierarchy of legal norms, headed by what he calls as the 'Grundnorm’..”, here grundnorms is referred to the basic norm. In this context, which is the grundnorm in India?Solution
When there is a conflict relating to the legal norm between the higher layer and lower layer of the hierarchy, then the former will prevail over the later. As the jurisprudence is mother of all laws, similarly constitution is the supreme law of the land which will always prevail over any other law.
Which of the following is called Prepaid Payment Instrument (PPI)?Â
What is the repo rate as of February 2025, according to the Reserve Bank of India (RBI)?
Which of the following is not a regulator of financial sector
What is the name of RBI’s campaign promoting safe banking practices?
________ happen when RBI desires that liquidity should be squeezed from the economy but Banks are not eager to deposit money with RBI at rate fixed by RBI.
What is the purpose of the recent partnership between SIDBI, C2treds, and UGRO Capital?
Open market operations, one of the monetary measures taken by RBI is:
Which committee is responsible for deciding the Repo Rate in India?
Which of the following statements is/are correct?
1. The NEP 2020 replaces the National Policy on Education of 1986.
2. A committee under ...
What was the specific reason RBI imposed a penalty of â‚ą31.80 lakh on Bank of Maharashtra?
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