Under which Act is the legal framework for the recovery of debts by banks and financial institutions governed?
the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 governs the recovery of debts by banks and financial institutions. This statute empowers banks and financial institutions to recover debts due to them by initiating legal proceedings before the Debt Recovery Tribunals. The Act provides a specialized mechanism for the expeditious adjudication and enforcement of debt recovery matters, ensuring timely resolution of disputes between banks/financial institutions and their borrowers.
Statements: Some pins are mirrors.
All mirrors are boxes.
Conclusions:I. Some boxes are pins.
II. Some boxes are mirrors.
Statements:
Some woods are tables.
All tables are teaks.
No teak is a chair.
Conclusions:
I. Some woods ...
Statements:
No Addition is a Multiplication.
Some Multiplication are Subtraction.
All Subtraction are Division.
Only few Div...
Statements:
All bulls are cows.
No cow is ox.
Some ox are buffaloes
All ox are cattle
Conclusion:
Statements: All bulb are light.
No light is a tubelight.
Conclusions: I. Some light a...
Statements: Some doors are rods.
Some rods are curtains.
...
Statement:
Only GMs are PMs
Only a few CMs are president
No president is PM
Conclusion:
I. Some GMs are presidents
Statements:
Only a few P is Q.
No Q is R.
Only a few R is S.
All S is T.
Conclusions:
I). Some T is ...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
In the question below some statements are given followed by four conclusions I, II, III and IV. You have to take the given statements to be true even ...