Question
What shall be credited to the Depositor Education and
Awareness Fund as laid down under the Banking Regulation Act?Solution
Section 26A. Establishment of Depositor Education and Awareness Fund: (2) There shall be credited to the Fund the amount to the credit of any account in India with a banking company which has not been operated upon for a period of ten years or any deposit or any amount remaining unclaimed for more than ten years, within a period of three months from the expiry of the said period of ten years.
Which among the following option is a correct consideration for Buy Back of shares?
Which among the following will increase the net worth of an organisation?
A bond that pays compounded interest but the actual cash payment of the bond is deferred till maturity is known as:
Under the Indian Trusts Act, 1882, what is the minimum number of trustees required to create a valid trust?
Which of the following day-count convention is used to price bond market financial instruments in Indian bond market?
A type of bond (debt security) that allows the issuer of the bond to retain the right of redeeming the bond at some point before the bond reaches its d...
Which scheme provides collateral-free loans up to ₹5 crores for MSMEs?
RBI allows STRIPS trading of Government bonds and certain state government bonds. What does STRIPS stand for?
Bonds with original maturities of one year or less are called:
What is c in FCCB (Type of bonds)
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