Question
Last year, bad bank- NARCL was established. What does
the “R” stand for in NARCL?Solution
National Asset Reconstruction Company Limited (NARCL) was incorporated in July 2021 as a ‘bad bank’ to help dispose of the stressed assets of the commercial banks.
Export Promotion Capital Goods (EPCG) Scheme allows import of capital goods for pre-production, production and post-production at how much customs duty?
Which of the following statements is/are INCORRECT with respect to the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)?
I.The financial benefit ...
Consider the following statement:
I. DCGI is the central licensing authority for medical devices that fall under the Medical Device Rules 2017.
In the context of Indian economy, which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’?Â
1. To enable the ...
When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean?Â
_________________ has retained its number one spot in the SKOCH State of Governance rankings for the second consecutive year.
Consider the following statements regarding National Gokul Mission:
I. It is being implemented for the development and conservation of indigenous...
PM Suraksha Bima scheme provides an annual premium of Rs. ___________ per annum per member.
The country’s first Aadhaar based ATM is launched by which one of the following banks?
Consider the following statement/s about Expansionary Monetary Policy:
I. An expansionary monetary policy is focused on increasing the money supp...