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The Act provides a structure under which commercial banking in India is supervised and regulated. The Act supplements the Companies Act, 1956. Primary Agricultural Credit Society and cooperative land mortgage banks are excluded from the Act. Several powers are provided by the Act to the Reserve Bank of India: to license banks, have regulation over shareholding and voting rights of shareholders; to supervise the appointment of the boards and management; to regulate the operations of banks; to lay down instructions for audits; control moratorium, mergers and liquidation; to issue directives in the interests of public good and on banking policy, and impose penalties
What is the projected growth rate of the Indian economy for FY 2024-25, according to Chief Economic Advisor V Anantha Nageswaran?
Which nation is a part of the Quad Cyber Challenge aimed at improving cybersecurity awareness?
Which day is observed as National Technology Day?
Exercise Varuna is a collaborative naval exercise between India and which country?
The edible part of an apple is known as the?
Which has been temporarily barred by UIDAI from aadhar based SIM verification
The process of raising crops without using chemical fertilizers and pesticides or any other external material, Zero-budget natural farming (ZBNF), was i...
Identify the incorrectly matched national park and its state:
Which of the following is a non-metal?
Which organization oversees the NPS-Vatsalya scheme?
