Question
What does the Rule of Ejusdem Generis state about the
interpretation of statutes?Solution
Interpretation of Statute: It means that where a statute describes things of particular class or kind accompanied by words of a generic character, the generic words will usually be limited to things of a kind and nature with those particularly enumerated, unless there is something in the context of the statute to repel such influence.
Which of the following credit facilities is demandable at any time by the bank?
The rate applicable to an investment lasting for n years when all the returns are realized at the end is called:
Which one of the following is not a step introduced by John Kotter under “Kotter’s 8 Step Model of Change”?
Which of the following statements accurately describe payday loans?
1) Payday loans are typically repaid in a single payment on the borrower's ne...
Digital lending guidelines issued by the RBI in 2022 emphasized which of the following?
Which of the following is not one of the major economic challenges that posed threat to global growth, according to the Economic Survey of 2023?
Which of the following is not a discounted cash flow methods for evaluating capital investment proposals:
“State of the Economy” report was released by which regulatory body in India?
Which of the following statements are true regarding Pre-Packaged Resolution Process?
1. By way of a further amendment to IBC viz., IBC (Amendmen...
The Lead Bank Scheme was introduced by the Reserve Bank of India (RBI) in which year?