Question
As per RBI draft prudential guidelines for Advances -
Projects Under Implementation, Directions, 2024, the original or revised repayment tenor, including the moratorium period, if any, shall not exceed ________ of the economic life of the project.Solution
The original or revised repayment tenor, including the moratorium period, if any, shall not exceed 85% of the economic life of the project. The economic life of a project is the time period when an asset/project is expected to be useful and generate more income than it costs to maintain. It's also known as the useful life or depreciable life of the project/asset.
The Reserve Bank of India (RBI) will commence the pilot for a Public Tech Platform for Frictionless Credit. During the pilot, the platform will focus on...
The Ministry of Statistics and Programme Implementation (MoSPI) recently launched an online platform providing real-time data to planners, policymakers,...
Who is the newly appointed Chief Minister of Odisha?
Consider the following about Renewable Energy Installations in 2021?
I. India ranked third globally.
II. China ranked first in this index....
What is the EU's Carbon Border Adjustment Mechanism (CBAM)?
In the first meeting of the Board of Peace for Gaza held in Washington D.C., India participated in which capacity?
Which event concluded without an agreement, necessitating further talks in Rome in February?
Nauroz is celebrated by which of the following communities in India?
Where is North India’s first nuclear project being set up?
_______ has become one of the first fintech apps to support RuPay Credit Cards on UPI.
Relevant for Exams:
