Question
What are the various ground on the basis of which RBI
may cancel a licence granted to a banking company?Solution
Banking Regulation Act Section 22. Licensing of banking companies: (4) The Reserve Bank may cancel a licence granted to a banking company under this section-- (i) if the company ceases to carry on banking business in India; or (ii) if the company at any time fails to comply with any of the conditions imposed upon it under sub-section (1); or (iii) if at any time, any of the conditions referred to in sub-section (3) and sub-section (3A) is not fulfilled.
Which of the following characteristics is NOT essential for cloud computing?
What is the main advantage of using knowledge graphs in AI?
Which of the following statements best describes a mesh topology in network design?
What is the primary goal of concurrent programming in software development?
Which of these is a primary benefit of cloud disaster recovery?
Which of the following is a NoSQL database commonly used in Big Data?
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The error in Simpson's 1/3 Rule is proportional to:
Which of the following scheduling algorithms minimizes average seek time?
Which of these is a cloud-based IoT platform?