Question
When will the depository indemnify the beneficial owner
if any loss is caused to such beneficial owner?Solution
Section 16 of Depository Act - Depositories to indemnify loss in certain cases— (1) Without prejudice to the provisions of any other law for the time being in force, any loss caused to the beneficial owner due to the negligence of the depository or the participant, the depository shall indemnify such beneficial owner. (2) Where the loss due to the negligence of the participant under sub-section (1) is indemnified by the depository, the depository shall have the right to recover the same from such participant
Which of the following is a key eligibility criterion for availing funding under the ARISE project funding product?
Which of the following Statements about Kisan Credit Card Scheme (KCC) is/are True?
I- It was introduced in 1998.
II- The scheme was ...
Deposit Insurance and Credit Guarantee Corporation (DICGC) provide funds up to Rs 5 lakh to an account holder within the Period of ________days.
Who is the head of the committee appointed for Capital Account Convertibility in Banks?
As per the revised PSL guidelines 2025, the loan limit under Priority Sector Lending for education has been raised to what amount? Â
The Risk-Based Internal Audit (RBIA) system is mandated for
What is the mandatory subscription period after which a non-government subscriber under NPS, can withdraw in case of voluntary retirement? Â
Which of the following is a key feature of the Green Finance Scheme (GFS) aimed at promoting green initiatives among MSMEs?
__________ and Reserve Bank Innovation Hub (RBIH) have come together to focus their efforts on enhancing the reach of financial solutions to large secti...
India offers $40 mn line of credit to boost sports infrastructure in which of the following Asian country?
