Start learning 50% faster. Sign in now
Section 11. Requirement as to minimum paid-up capital and reserves: (2) In the case of a banking company incorporated outside India-- (a) the aggregate value of its paid-up capital and reserves shall not be less than fifteen lakhs of rupees and if it has a place or places of business in the city of Bombay or Calcutta or both, twenty lakhs of rupees; and (b) the banking company shall deposit and keep deposited with the Reserve Bank either in cash or in the form of unencumbered approved securities, or partly in cash and partly in the form of such securities-- (i) an amount which shall not be less than the minimum required by clause (a); and (ii) as soon as may be after the expiration of each year, an amount calculated at twenty per cent of its profit for that year in respect of all business transacted through its branches in India, as disclosed in the profit and loss account prepared with reference to that year under section 29.
In a certain code, if FRESH is coded as 6-36-15-76-40, what is the code for STALE?
By rearranging the letters of ‘ESHTARIUOE’, we can get an English meaningful word. Each letter is denoted with a different number as shown in the ta...
If in a certain language 'CURTAIN' is coded as 'CAITURN', how is 'HILLOCK' coded in that language?
If 'share sky day' is coded as 'tm, ps, jl' then what may be the code for 'human current captures' in the given code language?
What is the code for ‘hand’ in the given code language?
The code “oth” represents which of the following word?
What is the code for ‘only’?
'mo vo jo' represents which of the following group of words?
What is the code for “house” in the given code language?