Question
The government has left many substitute and procedural
clauses to the rule-making processes which result in considered divergences as States frame different rules on the same subject. The given question has a statement with two highlighted words/ phrases. Choose the most appropriate option from the given alternatives which can help replace the highlighted words to make the statement grammatically and logically correct. If the given sentence is correct as it is, mark 'no correction required' as the answer.Solution
The words in bold are inappropriate. Only the words in A are correct. Substantive- important, serious, or related to real facts. The government has left many substantive and procedural clauses to the rule-making processes which result in considerable divergences as States frame different rules on the same subject.
"Haircut" in the context of banking and valuation refers to:
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?
Which of the following would not affect bank reconciliation?
What is the primary role of the Central KYC Records Registry (CKYCR)? Â
The Basel III framework introduced a new capital buffer called the Countercyclical Capital Buffer (CCyB). What is its primary purpose?
Maximum period for which a commercial bank can accept term deposits is:
Which of the following is the platform for investors to trace inactive as well as unclaimed mutual fund investments ?
Who is responsible for ensuring compliance with the obligations imposed under Chapter IV of the PML Act and for reporting to the Financial Intelligence ...
What is the minimum duration for which a small account can remain operational after opening without furnishing an Officially Valid Document (OVD)?
When the RBI increases the "Repo Rate," it generally leads to:
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