Question
Which section of the Banking Regulation Act delas with
the provisions relating to rates of interest charged by banking companies not to be subject to scrutiny by courts?Solution
Section 21A.Ā Rates of interest charged by banking companies not to be subject to scrutiny by courts: Notwithstanding anything contained in the Usurious Loans Act, 1918, or any other law relating to indebtedness in force in any State, a transaction between a banking company and its debtor shall not be re-opened by any Court on the ground that the rate of interest charged by the banking company in respect of such transaction is excessive
Suppose we regress the dependent variableĀ yĀ on four independent variablesĀ x1,Ā x2,Ā x3, andĀ x4. After running the regression onĀ nĀ = 16 observatio...
Consider the following demand function of X for a commodity A
x= 10 + 0.10m/p
Money income (m) of X is Rs.120 and the price of A (p) is Rs...
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Which of the following defines ambient standards in an environmental policy
Suppose we regress the dependent variable y on four independent variables x1, x2, x3, and x4. After running the regression on n = 16 observations, we ha...
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
Which of the following applies to the physical linkage approach for the valuation of environmental benefits
The coefficient of regression of Y on X is byx = 1.2 , If A = (X-300)/4 and C = (Y-500)/6 find bCA
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
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