Question
Ejusdem generis
means:Solution
Ejusdem generis is a Latin phrase that means āof the same kind.ā The statutory and constitutional construction principle of āejusdem generisā states that where general words or phrases follow a number of specific words or phrases, the general words are specifically construed as limited and apply only to persons or things of the same kind or class as those expressly mentioned.Ā
A borrower has defaulted on a term loan for over 90 days. The bank categorizes the account as an NPA. Later, the borrower partially repays the overdue a...
Which of the following is not allowed in small accounts?
What is the primary role of the Central KYC Records Registry (CKYCR)? Ā
Basel III requires minimum Common Equity Tier 1 ratio of:
TheĀ āCAMELSāĀ approach is a risk assessment method. What does C stand for in CAMELS?Ā
The digital payment system UPI, has been developed by which of the following institutions?Ā Ā
The minimum capital requirement for setting up a new universal bank in the private sector as per RBI is:
The CIBIL MSME Rank (CMR) is a credit score that helps lenders assess the risk of lending to MSMEs. What is the scale used for CMR?
What is the minimum duration for which a small account can remain operational after opening without furnishing an Officially Valid Document (OVD)?
A bankās Profit before appropriations = ā¹20 crore. Statutory reserve requirement is 25%. The bank also transfers ā¹2 crore to Investment Fluctuatio...
Relevant for Exams:
