logo

CuriousTab

CuriousTab

Discussion


Home Current Affairs Economy See What Others Are Saying!
  • Question
  • The government of India has doubled the monetary limit upto this amount for filing loan recovery application in the Debt Recovery Tribunals (DRT).


  • Options
  • A. 13 lakh
  • B. 15 lakh
  • C. 18 lakh
  • D. 20 lakh

  • Correct Answer
  • 20 lakh 

    Explanation
    The government of India has doubled the monetary limit to 20 lakh rupees for filing loan recovery application in the Debt Recovery Tribunals (DRT) by banks and financial institutions. As per the Finance Ministry, the move is aimed at helping reduce pendency of cases in DRTs. There are 39 DRTs in the country. To make the tribunals more effective and to facilitate fast disposal of debt recovery cases, the government has made several amendments in different laws, including the SARFAESI Act.

  • More questions

    • 1. The Scientist from this Institute have developed world's Thinnest Material by making usage of Magnesium Diboride.

    • Options
    • A. IIT Indore
    • B. IIT-Guwahati
    • C. IIT Gandhinagar
    • D. IIT Bhubaneswar
    • Discuss
    • 2. This country becomes World's 2nd biggest stock market.

    • Options
    • A. US
    • B. China
    • C. Japan
    • D. Germany
    • Discuss
    • 3. World Poetry Day observed on __________.

    • Options
    • A. 22nd March
    • B. 21st March
    • C. 23rd March
    • D. 24th March
    • Discuss
    • 4. Which state government has recently approved 27% quota for OBCs?

    • Options
    • A. Haryana
    • B. Madhya Pradesh
    • C. Odisha
    • D. West Bengal
    • Discuss
    • 5. How many Technology Mission Centre was launched by the Union Minister Harsh Vardhan?

    • Options
    • A. 6
    • B. 4
    • C. 3
    • D. 5
    • Discuss
    • 6. Who is planning to send a probe to study the sun early next year?

    • Options
    • A. JAXA
    • B. NASA
    • C. ISRO
    • D. BARC
    • Discuss
    • 7. The Union Cabinet approved introduction of the Indian Institutes of Information Technology Public Private Partnership (IIIT PPP) Bill, 2017. The bill grants statutory status to how many IIITs in Public Private Partnership and declares them as Institutions of National Importance?

    • Options
    • A. Fifteen
    • B. Sixteen
    • C. Twenty
    • D. Ten
    • Discuss
    • 8. Which country has celebrated the historic Mujibnagar day recently?

    • Options
    • A. Myanmar
    • B. Nepal
    • C. Sri Lanka
    • D. Bangladesh
    • Discuss
    • 9. Which team won the 2018 Club World Cup and record fourth in total?

    • Options
    • A. Real Madrid
    • B. Team Wellington
    • C. Guadalajara
    • D. Kashima Antlers
    • Discuss
    • 10. Indian Coast Guard offshore patrol vessel ____ commissioned by General Bipin Rawat

    • Options
    • A. Veera
    • B. ICGS Vijaya
    • C. ICGS Samrat
    • D. INS Vikrant
    • Discuss


    Comments

    There are no comments.

Enter a new Comment