The Banking Regulation Act, 1949 is a key Act to regulate all banking firms in India. What is covered under the Section 24 of this Act?
Section 24 of the Banking Regulation Act, 1949 requires the scheduled commercial banks to maintain minimum proportion of their Net Demand and Time Liabilities (NDTL) as liquid assets in the form of cash, gold and un-encumbered approved securities. This is referred to as the Statutory liquidity Ratio (SLR). Furthermore, under MSF window, banks can avail overnight, up to 2% of their respective NDTL outstanding at the end of the second preceding fortnight. In the event, the banks’ SLR holdings fall below the statutory requirement up to 2% of their NDTL, banks will not have the obligation to seek a specific waiver for default in SLR compliance arising out of use of this facility in terms of notification issued under sub section (2A) of Section 24 of the Banking Regulation Act, 1949.
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A mixture measuring 720 ml consists of milk and water in an 8:7 ratio. How much water should be added to ensure that the water content is 12.5% greater...
A container can hold 1,000 liters of liquid. If it is filled with 30% water and 70% oil, how many liters of oil are in the container? If 50 liters of oi...
364 ml of mixture ‘A’ contains milk and water in the ratio 2:5 respectively. If the quantity of milk in mixture ‘B’ is 37.5% more than that in m...
In a mixture of 45 litres, the ratio of wine to water is 2 : 3. If this ratio is to be 1 : 3, then what is the quantity of water needed to be added?
A jar contains a mixture of mango juice and water in the ratio of 5:2. 84 litres of the mixture was taken out and 34 litres of water was added to it. I...
660 gms mixture contains sugar and rice in the ratio of 4:7 respectively. If 30 gms of sugar and 60 gms of rice are added to the mixture, then calculate...
Mixture 'P,' comprising both milk and water, is combined with another mixture 'Q' (consisting of milk and water) in a ratio of 3:2, respectively. The ...
In a Mixture , the ratio of Milk and Water is 5 : 3. If 20 litre mixture drawn off and replace by 8 litre water then the ratio of Milk and Water become ...
The cost of 3 kg of rice is Rs. 180. The cost of 8 kg of rice is equal to that of 5 kg of pulse. The cost of 15 kg of pulses is equal to that of 2 kg of...