Section 10B. Banking company to be managed by whole time chairman: (1) Notwithstanding anything contained in any law for the time being in force or in any contract to the contrary, every banking company in existence on the commencement of the Banking Regulation (Amendment) Act, 1994 (20 of 1994), or which comes into existence thereafter shall have one of its directors, who may be appointed on a whole-time or a part-time basis as chairman of its Board of directors, and where he is appointed on a whole-time basis, as chairman of its Board of directors, he shall be entrusted with the management of the whole of the affairs of the banking company: Provided that the chairman shall exercise his powers subject to the superintendence, control and direction of the Board of directors.
There can be a variety of budget. Name the budget which relates to a particular function of the business.
Which of the following is not one of the major economic challenges that posed threat to global growth, according to the Economic Survey of 2023?
Which of the following is a short-term debt that converts into equity, often used by seed investors investing in startups?
What distinguishes a credit union from a commercial bank?
Which initiative aims to enable instant cross-border retail payments by interlinking domestic fast payments systems of ASEAN countries and India?
A startup company with a promising technology but limited operating history and no substantial assets is seeking funding to fuel its growth and developm...
What is the Debt Service Coverage Ratio (DSCR) used for in project finance?
Which of the following is not a common source of project financing?
The REER is used to measure the value of a specific currency in relation to an average group of major currencies. What does REER stand for?
What is the enhanced scope for mandatory onboarding in TReDS for buyers as per the Union Budget 2024-25?
