Question
What is the maximum time period given to the states to
repay the Ways and Means Advances extended to them by the RBI?Solution
Ways and Means Advances are extended by the Reserve Bank of India to the states in order to help them meet the temporary mismatch in the cash flow. The states can repay the advance within a maximum period of 90 days. WMA is guided by the Section 17(5) of the RBI Act 1934.
Which of the following is not one of the major 5 Functions?
All of the following lays out the standards of ethical behaviour in an organisation, except -Â
In a negatively skewed distribution
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B.     F...
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