Question
According to Indian Partnership Act, 1932 partner
making, for the purposes of the business, any payment or advance beyond the amount of capital he has agreed to subscribe, is entitled to interest thereon at the rate of …... percent per annum;Solution
Section 1 3(d) of Indian Partnership Act, 1932Â partner making, for the purposes of the business, any payment or advance beyond the amount of capital he has agreed to subscribe, is entitled to interest thereon at the rate of six per cent. per annum Â
A borrower has defaulted on a term loan for over 90 days. The bank categorizes the account as an NPA. Later, the borrower partially repays the overdue a...
Which of the following is not allowed in small accounts?
What is the primary role of the Central KYC Records Registry (CKYCR)? Â
Basel III requires minimum Common Equity Tier 1 ratio of:
The ‘CAMELS’ approach is a risk assessment method. What does C stand for in CAMELS?Â
The digital payment system UPI, has been developed by which of the following institutions? Â
The minimum capital requirement for setting up a new universal bank in the private sector as per RBI is:
The CIBIL MSME Rank (CMR) is a credit score that helps lenders assess the risk of lending to MSMEs. What is the scale used for CMR?
What is the minimum duration for which a small account can remain operational after opening without furnishing an Officially Valid Document (OVD)?
A bank’s Profit before appropriations = ₹20 crore. Statutory reserve requirement is 25%. The bank also transfers ₹2 crore to Investment Fluctuatio...
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