Question
Under Section 17(5) of the RBI Act, 1934, advances made
by the Bank to the Central Government and State Governments must be repayable in each case not later than what period from the making of the advance?Solution
Section 17(5) authorises the Bank to make to the Central Government and State Governments advances repayable in each case not later than three months from the date of the making of the advance. These are commonly known as Ways and Means Advances. This short-term accommodation helps Governments bridge temporary mismatches between receipts and expenditure. The correct repayment period for such advances is not later than three months.
A suit for possession of an immovable property, under section 6 of Specific Relief Act can be filed within__________ of dispossession
In which year SEBI was established?
According to Sales of Goods Act, 1930 which of the following is true
Under the Bharatiya Nyaya Sanhita, what punishment can be imposed on a person who, while intoxicated, causes annoyance in a public place?
The establishment, recognition and application of common sanitary and phytosanitary measures by Members is called
What is the maximum period within which an appeal filed before the State Commission or the National Commission should be disposed of under the Consumer ...
Along with acceptance and revocation of proposals, which act or omission is permissible under Section 3 of the Indian Contract Act 1872?
What is the primary purpose of the Forest (Conservation) Act, 1980?
As per S. 15 of Civil Procedure Code, suit shall be instituted__________?
Under the Protection of Women from Domestic Violence Act, 2005, who can file a complaint of domestic violence?
