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Section 11. Requirement as to minimum paid-up capital and reserves: (2) In the case of a banking company incorporated outside India-- (a) the aggregate value of its paid-up capital and reserves shall not be less than fifteen lakhs of rupees and if it has a place or places of business in the city of Bombay or Calcutta or both, twenty lakhs of rupees; and (b) the banking company shall deposit and keep deposited with the Reserve Bank either in cash or in the form of unencumbered approved securities, or partly in cash and partly in the form of such securities-- (i) an amount which shall not be less than the minimum required by clause (a); and (ii) as soon as may be after the expiration of each year, an amount calculated at twenty per cent of its profit for that year in respect of all business transacted through its branches in India, as disclosed in the profit and loss account prepared with reference to that year under section 29.
Study the given diagram carefully and answer the question. The number in different sections indicates the number of persons who speak different language...
Choose the best suitable Venn diagram for the following classes:
Pen, Computer, Paper
Which of the following numbers in the Venn diagram represents the only soft-hearted teacher?
Identify the figure which best represents the relationship amongMan,Woman, andHuman being.
How many persons love only pasta?
Which figure represents the relation amongst lotus, flower and branches?
The following Venn diagram shows the number of students who like to eat three different fruits (Dates, Mango, Cherry)
In the following venn diagram , the triangle represents ‘long hair’ , the circle represent ‘red nails’ the rectangle represents ‘black eyes’...
Select the Venn diagram that best illustrates the relationship between the following classes.
Ministers, Farmers and Engineers
Uttar pradesh , India, Asia