Question
What is the minimum net owned fund requirement from
NBFC to be eligible to issue credit cards?Solution
Scheduled Commercial Banks (SCBs) other than Regional Rural Banks (RRBs) with net worth of â‚ą100 crore and above are permitted to undertake credit card business either independently or in tie-up arrangement with other card issuing banks/NBFCs with the approval of their Boards. SCBs (excluding Small Finance Banks and Regional Rural Banks) desirous of setting up separate subsidiaries for undertaking credit card business shall require prior approval of the Reserve Bank.
Loss of appetite
Complete the sentences given in List-I with the appropriate words given in List-II :
A very powerful businessman
My neighbour’s son is very mischievous and always getting in everyone’s hair.
- Select the most appropriate ANTONYM of the bold word.
She was very apprehensive about the results of her exam. Choose the synonym of EfficacyÂ
The politician's speech was eloquent and captivated the audience.
HUMBLE
Identify the incorrect sentence:
Select the most appropriate antonym of the given word.
He is showing signs of senility .
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