Which of the followings committee of RBI is formed with the mission of fixing the benchmark policy interest rate (repo rate) to restrain inflation within the particular target level?
State Bank of India has increased interest rate on its bulk term deposits (Rs 2 crore and above) by 40-90 basis points, with effect from May 10. Bajaj Finance, a non-banking finance company, has also increased fixed deposit rates by upto 10 bps. The increase in interest rate on deposits comes close on the heels of the monetary policy committee (MPC) sharply revising the benchmark repo rate upwards by 40 basis points to 4.40% in an off-cycle meeting to tame rising inflation. The maximum increase by SBI is 90 basis points, in the 5–10-year tenure and three years to less than 5 years’ tenure. The interest rates in these two buckets have moved up to 4.50% as against 3.60% earlier. Bulk deposits for 46 – 179 days’ tenor and 180 – 210 days’ tenor will fetch an interest rate of 3.50% as against 3 and 3.10% earlier, respectively. Deposits with 211 days to less than a year tenor will have an interest rate of 3.75%.
Which of the following decisions of the Board can be taken only after consent of the company through a special resolution as stated under section 180 of...
Under the Prevention of Corruption Act, 1988 what is the punishment for abetment of offences?
SSC in the legal field stands for?
The Board of every company referred to in section 135 (1), shall ensure that the company spends, in every financial year, at least two per cent of the a...
Which of the following facts can be considered as res gestae, if A committed robbery on B?
...……………. may transfer the duties and functions of a clearing house to a clearing corporation, being a company incorporated under the Companies ...
Which of the following is correct about altering the boundaries of any State?
A complaint against an offence under Section 138 of the Negotiable Instrument Act
As per section 128 of the Companies Act all or any of the books of account and other relevant papers may be kept at such other place in India as the __...
According to Indian Partnership Act, 1932 In the absence of any usage or custom of trade to the contrary, which of the following actions is within the ...