The Reserve Bank of India (RBI) notified that regulated entities (RE) should release the original moveable and immoveable property documents and remove charges registered with the registry within 30 days after full repayment and settlement of the loan account. In cases where delays are attributable to REs and extend beyond 30 days, they will be required to compensate borrowers at a rate of Rs 5,000 per day for each day of delay. REs must also communicate the reasons for the delay to the borrower. These directives will apply to cases where the release of original property documents is scheduled on or after December 1, 2023. The RBI issued these directives to address the challenges faced by borrowers and promote responsible lending conduct among REs.
A perfectly competitive firm was given, P = 60 and TC = Q2 + 8Q + 10. Now price decreases to 54, what is the change in profit?
If the sum of the product of the deviation of X and Y from their means is zero, the correlation coefficient between X and Y is:
Which of the below probability distribution has same mean and variance?
If rxy = 0.4, then r(2x, 2y) is equal to:
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as the...
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one b...
If quantities of all commodities change in the same proportion then
The A.M. and G.M. of a distribution are 12.5 and 10 respectively. Then the H.M. is
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices:
The Harrod-Domar growth model is based on the relationship of what two economic elements?