What criteria must urban co-operative banks meet to be considered for inclusion in the second schedule of the RBI Act, 1934?
Explanation:
Urban co-operative banks must maintain a Capital to Risk Weighted Asset Ratio of at least 3% and should be devoid of major regulatory and supervisory concerns to be considered for inclusion.
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented ...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...