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.
Which of the following is not a major gold trading center?
Export Credit Guarantee Corporation (ECGC) is concerned with?
It is a special account that a firm prepares to show the distribution of profits/losses among the partners or shareholders. Name of such account is:
When a manager arranges meetings with representatives of another organization to maintain external contacts and facilitate communication, which manageri...
Calculate the Total Assets to Debt Ratio given the following information:
Non-current Assets: ₹40,00,000
Current Assets: ₹40,00,000
The estimated number of underweight, malnourished and severely malnourished children under 5 years of age is obtained under National Family Health Surv...
Which country introduced new 'world first' laws to secure internet connected smart devices against cyberattacks?
As per the Large Exposure Framework, what is the maximum single counterparty exposure that can be taken by a bank?
The TReDS has been instrumental in improving the working capital funding needs of MSMEs. What does TReDS stand for ?
Who can be the participants in the Call Money Market
1.   Scheduled Commercial Banks (excl Local Area Banks)
2.   Small Finance Ba...
