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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
Who emerged as the winner of the Men's Javelin event at the Lausanne Diamond League in 2023?
The part in Indian Constitution, which contains the Fundamental rights, is
What rank and pay do members of the National Commission for Backward Classes (NCBC) receive?
Which of the following is NOT a criterion for eligibility to be a member of the Lok Sabha?
Who chaired the Drafting Committee of the Constituent Assembly tasked with drafting the Constitution of India?
Which mountain range in India is also known as the "Blue Mountains"?
What can be the maximum interval between two Parliamentary sessions?
The Vice President of India is elected for a term of how many years?
Which statement(s) regarding the 'No-Confidence' motion are incorrect?
Which constitutional articles were modified by the 24th Amendment Act of 1971?
