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Ejusdem generis is a Latin phrase that means “of the same kind.” The statutory and constitutional construction principle of “ejusdem generis” states that where general words or phrases follow a number of specific words or phrases, the general words are specifically construed as limited and apply only to persons or things of the same kind or class as those expressly mentioned.
Which of the following is true about Cash Credit (Bank Loan)?
I. Cash credit is an arrangement whereby the bank allows the borrower to draw amoun...
Which of the following Bank is not the Sponsor Bank of RRB’s?
Which one of the following statements is true
The share of net demand and time liabilities that banks must maintain in safe and liquid assets, such as, government securities, cash and gold with...
What is Universal Banking?
Which of the following Acts helps a bank in its day to day activities?
Under SBI Act, 1959, how many associate banks of SBI were formed from 8 princely states ?
Which of the following acts empowers RBI to regulate Non-Scheduled Banks?
Instruments issued by registered foreign institutional investors (FII) to overseas investors, who wish to invest in the Indian stock markets without reg...
What is the full form of the term LIBOR as used in financial/banking sector?
