Question
Under Section 14 of the SARFAESI Act, 2002, the Chief
Metropolitan Magistrate or District Magistrate shall assist secured creditor by:Solution
Section 14 of the SARFAESI Act, 2002 streamlines recovery by empowering CMM/DM to pass possession orders upon secured creditor's application, backed by affidavit/evidence of default and security interest. Magistrates cannot examine debt merits but execute possession through police/receivers, bypassing protracted civil litigation.
Which initiative aims to enable instant cross-border retail payments by interlinking domestic fast payments systems of ASEAN countries and India?
Which of the following is not an objective of risk management:
HDFC Bank launched GIGA, a financial product designed for which group of individuals?
Calculate the Inventory Turnover Ratio given:
·       Opening Stock: ₹40,000;
·       Closing Stock: ₹20,000;
In the January 2024 circular on bulk deposits, which tier of UCBs has a revised bulk deposit threshold set at ₹1 crore?
Under the Matching Concept, which is a fundamental derivative of the accrual basis of accounting, an entity is required to:Â
What is the minimum asset value required for a real estate project to be eligible for REIT listing?
On January 1, 2026, a construction firm enters into a contract to build a bridge for ₹100 Crore. The contract includes a performance bonus of ₹20 Cr...
Dividend is always announced by a company on which value of a share ?
A company purchases raw material from a US-based supplier for USD 10,000 on January 1, 20X1, when the exchange rate is ₹87/USD. The payment remains...
