Question
No company other than a banking company shall use as
part of its name or, in connection with its business nor shall any company carry on the business of banking in India unless it uses as part of its name at least one of the ________________ wordsÂSolution
Banking Regulation Act Bank, Banker or Banking or Banking Company, Reason: Section 7- Use of words "bank", "banker", "banking" or "banking company"- No company other than a banking company shall use as part of its name or, in connection with its business any of the word’s "bank", "banker" or "banking" and no company shall carry on the business of banking in India unless it uses as part of its name at least one of such words.
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
The 'Nostro Account' of a bank refers to:
At 31 Mar, management projects a worst-case stress showing net technical provisions plus URR exceed current solvency margin by 10%. Regulator requires p...
The CAMELS rating system, used for bank supervision, does NOT include the factor:
G-Secs in India are issued through auctions conducted by RBI. These auctions are conducted on the Core Banking Solution (CBS) platform of RBI called
Nostro account is maintained in:
As per section 2(52) of the CGST Act, 2017, the term "Goods" includes
'CBS' in the context of banking stands for:
The Basel III framework introduced a new capital buffer called the Countercyclical Capital Buffer (CCyB). What is its primary purpose?
Which of the following is the platform for investors to trace inactive as well as unclaimed mutual fund investments ?
Relevant for Exams:
