Start learning 50% faster. Sign in now
The Asset Reconstruction Companies (ARCs) are formed as per the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002. Any loan with an outstanding amount of Rs 1 lakh or more will come under the purview of ARCs. RBI has the authority to issue licenses to such companies. Asset Reconstruction Company of India Limited (ARCIL) is the first asset reconstruction company in India.
Which of the following is true about Neo banking in India?
Statement 1: Neo banks are digital-only banks that operate exclusively ...
Under the proposed framework for adoption of an expected loss-based approach for provisioning by banks in India, which of the following is NOT a key req...
Regarding the National Career Service Project, consider the following statements:
1. It is a government-run recruitment agency.
Revaluation reserve are included as Tier II capital at a _______ discount for the purpose of capital adequacy ratio.
According to the Union Budget 2023-24, consider the following statements.
1. Pradhan Mantri PVTG Development Mission will provide PVTG families...
When was SIDBI established?
Prime Minister recently lauded the initiative of ‘Suposhit Maa’ - a scheme to ensure nutritional support to pregnant women. It was launched by ____...
What percentage of the project cost is covered for design projects under MSME-Innovative for Micro Enterprises?
Which of the following is classified as a Special Mention Account (SMA-0) under the revised guidelines?
As per Section 409 of the Companies Act, 2013, the President of the NCLT shall be a person who is or has been a Judge of a High Court for ________.