Question
What is the primary advantage of using public key
cryptography over symmetric key cryptography?Solution
Public key cryptography eliminates the key distribution problem that symmetric key cryptography faces. With public key cryptography, individuals can securely share their public keys, allowing others to encrypt data for them without needing to share a secret key.
What is 'Float' in banking?Â
Under the Negotiable Instruments Act, 1881, which of the following is NOT a 'Negotiable Instrument' by statute?Â
In case of securitization of standard assets, what is the Minimum Retention Requirement (MRR) for underlying loans of maturity – 24 months or less; ? ...
'Factoring' is a financial service that involves the purchase of:Â
The SARFAESI Act, 2002 is NOT applicable to which of the following?Â
What initiative was launched by SIDBI in 2018 to track the current state and expected outlook on the MSME sector?
Which of the following is not true about Pradhan Mantri Mudra Yojana?
1. Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’bl...
When a company decides to go public by listing its securities, it must navigate a series of regulatory and procedural steps to ensure compliance with th...
Consider the following statements about Basel III norms:
1. Pillar 2 focuses on Supervisory Review Process.
2. Common Equity Tier 1 (CET1)...
Regarding 'Small Accounts' (Simplified KYC), consider the following statements:
1. The aggregate of all credits in a financial year should not ex...