Question
Section 21(2) of the Banking Regulation Act, 1949
empowers the Reserve Bank to give specific directions to banking companies regarding advances policy. Which of the following is NOT one of the five matters expressly listed in Section 21(2) on which directions may be given?Solution
Section 21(2) lists five specific matters on which the Reserve Bank may give directions to banking companies: (a) the purposes for which advances may or may not be made; (b) the margins to be maintained in respect of secured advances; (c) the maximum amount of advances or other financial accommodation to any one company, firm, association of persons or individual; (d) the maximum amount up to which guarantees may be given on behalf of any one entity; and (e) the rate of interest and other terms and conditions on which advances or guarantees may be made or given. A minimum credit-rating requirement for borrowers is not one of the five listed matters in Section 21(2). This tool is exercised through other prudential norms and rating frameworks rather than under this provision. Every banking company is bound to comply with any directions given under Section 21(3).
A unique feature of a mobile phone(A)/ is that it enables seamless telephone calls even(B)/ when the user are moving around wide areas.(C)/ No error(D)
In the following question, a sentence is divided into five parts. The bold part is grammatically correct. Out of the other five parts, one part has an e...
Though with time, fashion style keeps changing, yet fashion maniacs are forever caught by the claws of the current trend. In the process of trying to be...
Sheela, who is (A)/one of the successful entrepreneurs, (B)/are giving (C)/tips for startups (D).
In the sentence identify the segment which contains the grammatical error.
I can swim very fast when I was only five.
He denied to have (A)/any part in writing the information packs (B)/and advertisements and said they (C)/were largely available when he arrived (D).
Each of the following sentences has been divided into five parts (a), (b), (c), (d), and (e).One of these parts may contain a grammatical or idiomatic ...
Spot the grammatical errors in the given sentence. Mark the part with error as your answer. If there is no error, mark "No error" as the answer. (Ignor...
The shrill wine and (A)/unbearable thunder of (B)/falling bombs dug in under (C)/my skin and stayed there (D).
- Given below is a sentence with an error. The error is in one part of the sentence. Below the sentence are given the options containing the parts of the sen...
