Question
Under the Prevention of Corruption Act, 1988 what is the
punishment for abetment of offences?Solution
Section 12 Punishment for abetment of offences - Whoever abets any offence punishable under this Act, whether or not that offence is committed in consequence of that abetment, shall be punishable with imprisonment for a term which shall not be less than three years, but which may extend to seven years and shall also be liable to fine
Which of the following is the platform for investors to trace inactive as well as unclaimed mutual fund investments ?
The Pradhan Mantri Mudra Yojana completed 10 years of its launch. The government introduced a new category under this scheme to cover loans between ₹1...
The ‘CAMELS’ approach is a risk assessment method. What does C stand for in CAMELS?Â
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
G-Secs in India are issued through auctions conducted by RBI. These auctions are conducted on the Core Banking Solution (CBS) platform of RBI called
A bank has Bills Discounted worth ₹4,00,000. Unexpired discount at year-end is ₹40,000. What is the adjustment in final accounts?
What are sweat equity shares?
The process by which a bank converts the cheques and other instruments deposited by customers into cash is known as:
A bank has statutory reserve requirement of 25% of Net Profit before appropriations. Net Profit before appropriations = ₹40 crore. Transfer to reserve...
A customer reports unauthorized transactions on their digital banking app. Under RBI’s directions, if the customer informs the bank within 3 days, wha...