According to the provisions of the Banking Regulation Act, how long can a banking company hold immovable property acquired by it?
Section 9. Disposal of non-banking assets.—Notwithstanding anything contained in section 6, no banking company shall hold any immovable property howsoever acquired, except such as is required for its own use, for any period exceeding seven years from the acquisition thereof or from the commencement of this Act, whichever is later or any extension of such period as in this section provided, and such property shall be disposed of within such period or extended period, as the case may be: Provided that the banking company may, within the period of seven years as aforesaid, deal or trade in any such property for the purpose of facilitating the disposal thereof: Provided further that the Reserve Bank may in any particular case, extend the aforesaid period of seven years by such period not exceeding five years where it is satisfied that such extension would be in the interest of the depositors of the banking company.
Match List-I (City) with List-II (River Passing through the city) and select the correct answer using the codes given below the lists:
Under the Maternity Benefit Act, of 2017, women employees are entitled to how many nursing breaks during their working hours?
"Everyone as a member of the society has the right to social security, and is entitled to realization through national efforts and international cooper...
Which of the following pairs is wrongly matched ?
In which state “Amangarh Tiger Reserve” located where mutilated carcass of an adult leopard was recently found in the ?
Nadir Shah invaded India in the year
Which of the following statement/s about the Central Bureau of Investigation is /are incorrect?
1. It enjoys the status of an autonomous offic...
In a class of 225 students, 125 are girls and remaining are boys. Among boys, the ratio of number of boys who are wearing caps to those who are not wear...
For calculating Body Mass Index (BMI), weight of the person (in kg) is divided by the:
Consider the following:
1. Rowlatt Act movement
2. Kheda movement
3. Champaran
4. Ahmedabad mill strike
Wh...