Question
What is the limitation period for money in account that
is payable on demand?Solution
As per Art. 22. Of the Limitation Act, 1963-Â Â For money deposited under an agreement that it shall be payable on demand, including money of a customer in the hands of his banker so payable. It is Three years. When the demand is made.
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...
Which of the following Statements is/are True?
I- PCA is a framework under which banks with weak financial metrics are put under watch by the RBI...
As per the guidelines of RBI, what is the risk weight for the housing loans with LTV Ratio (Loan to Value Ratio) lesser than 80%
 RBI has decided to increase the threshold limit for deposits and other extensions of funds made by non-financial Small Business Customers from ₹ 5...
Which of the following is the correct meaning of Cash Reserve Ratio (CRR), a monetary policy tool used by RBI?
When the RBI wants to inject liquidity into economy, it may adopt the following :
(1) Buy the government securities from the banks.
(2) En...
The current expected risk-free rate is 4%, the equity premium is 3.9% and the beta is 0.8. calculate the return on equity.
Consider the following:
I. Agriculture
II. Industry
III. Services
IV. Personal loans
Arrange the following sectors in ascending order based on GNPA.
The key areas to be monitored under the Revised Prompt Correction Action framework of RBI would be:
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...