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Actus Non Facit Reum Nisi Mens Sit Reameans an act does not make anyone guilty unless there is a criminal intent or a guilty mind.Consensus ad idem means existence of a mutual agreement among all parties to a contract.Assentio mentium means meeting of minds or mutual assent expressed or implied by both the parties to the contract. Ex nudo pacto non oritur action means a contract without consideration is void.
A company is thinking whether to buy a new machine or build a new machine itself in the factory. The following information is available about the two pr...
How many international credit rating agencies’ ratings have been allowed by RBI to be used by banks for the purposes of risk weighting their claims fo...
Expand CRILC
What is the necessary requirement for granting loans and advances to relatives of Directors?
The partners’ liability in a partnership is _____
With the objective to better align the guidelines of RBI with the BCBS (BASEL Committee on Banking Supervision) standard and enable banks to manage liqu...
Match the following types of demand with their correct descriptions:
1. Market Demand
2. Autonomous Demand
3. Individual Demand Sch...
Which type of risk is associated with internal procedures, people, and systems within a company?
Who has been appointed as the Executive Director (ED) by the Reserve Bank of India who will be looking after the Enforcement Directorate, Risk Monitorin...
Under the Expense of Management Rules 2023 introduced by Insurance Regulatory and Development Authority of India, general insurance companies can work w...
