Which of the following statements is/ are correct about the Monetary Policy Committee (MFC)?
I. It is a nine-member committee of the Reserve Bank of India.
II. It has been entrusted with the task of fixing the benchmark repo rate required to contain inflation within the specified target level.
III. The meetings of the MFC will be held at least 4 times a year.
Which of the following statements is/are correct about amendments to the NABARD Act, 1981?
I. It proposes increase in the authorized capital of NABARD.
II. It will bring medium enterprises and handlooms in NABARD's mandate.
Which of the following statements is/are correct about Islamic Window?
I. SBI has proposed opening of "Islamic window" banks.
II. It will introduce Sharia-compliant or interest-free banking in the country.
iii. Loans will be provided to Muslims at very low interest rates.
Which of the following acts has been introduced to regulate securitization and reconstruction of financial assets and enforcement of security interest?
Which of the following statements is/ are correct about non-banking finance companies (NBFCs)?
I. They are financial institutions that provide banking services without meeting the legal definition of a bank.
II. They are established as a company registered under the Companies Act, 1956.