Question
Which of the given statement is not correct about Fiscal
Management in Budget 2023-24?Solution
50 year Interest Free Loans to States to be spent on Capital Expenditure within 2023-24 Part of the loan is conditional on States increasing actual Capital expenditure The parts of outlay will be linked to States undertaking several reforms. Fiscal Deficit of 3.5% of GSDP allowed for States (0.5% tied to Power sector reforms)
The 'Basel III' framework primarily focuses on:
A bank has statutory reserve requirement of 25% of Net Profit before appropriations. Net Profit before appropriations = ₹40 crore. Transfer to reserve...
'CBS' in the context of banking stands for:
Which of the following is the platform for investors to trace inactive as well as unclaimed mutual fund investments ?
As per Schedule I, any kind of disposal or transfer of business assets made by an entity on a permanent basis qualifies as supply, even though it is wit...
Which portal monitors outstanding dues to MSEs?
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?
Maximum period for which a commercial bank can accept term deposits is:
Who is responsible for ensuring compliance with the obligations imposed under Chapter IV of the PML Act and for reporting to the Financial Intelligence ...
The minimum capital requirement for setting up a new universal bank in the private sector as per RBI is:
