Question
Which of the following Act will govern the Digital
Lending regulatory framework in India?Solution
The Reserve Bank of India (RBI) released guidelines on digital banking units in April 2022 and issued guidelines on digital lending in September 2022. These regulations include regulations related to customer protection and conduct requirements, technology and data requirements and the regulatory framework. These directions given by RBI are issued under sections 21, 35A and 56 of the Banking Regulation Act, 1949, sections 45JA, 45L and 45M of the Reserve Bank of India Act, 1934.
In a class, 3/7 of the students are girls and rest are boys. If 1/3 of the girls and 1/5 of the boys are absent. What part of the total number of studen...
If a number 'a' is divisible by 18 and another number 'b' is divisible by 12, then (a2 – b2) is divisible by:
- Find the interval of x where the expression 21x - 3x² - 54 is greater than zero.
Nikhil has joined Facebook and has 18 friends and each of these friends has 25 friends. Later, it is found that at least two of his friends know each o...
Find the remainder when x³ + 2x² − 5x + 7 is divided by (x − 2).
The smallest natural number that must be added to 1212 to make it a perfect square is:
The difference of
and its r...
3245.34 + 923.5 + 23.5 =?
- In 2017, Bangladesh imported 60% of its total wheat requirement, while the remaining 40% was produced domestically. In 2018, the country's wheat production...
What is the average of first 34 multiples of 3.4?