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Questions and Answers
What is the significance of the Reserve Bank of India's approval mentioned in the text?
What is the significance of the Reserve Bank of India's approval mentioned in the text?
- It prohibits Life Insurance Corporation of India from acquiring any share capital or voting rights of HDFC Bank Limited.
- It signifies that Life Insurance Corporation of India has acquired 9.99% of the paid-up share capital or voting rights of HDFC Bank Limited.
- It allows Life Insurance Corporation of India to acquire up to 9.99% of the paid-up share capital or voting rights of HDFC Bank Limited. (correct)
- It restricts Life Insurance Corporation of India from acquiring more than 9.99% of the paid-up share capital or voting rights of HDFC Bank Limited.
What is the regulatory basis for the information disclosed in the text?
What is the regulatory basis for the information disclosed in the text?
- Regulation 40 of the SEBI Listing Regulations
- Regulation 30 of the SEBI Listing Regulations (correct)
- Regulation 25 of the SEBI Listing Regulations
- Regulation 15 of the SEBI Listing Regulations
What is the nature of the communication from RBI to Life Insurance Corporation of India as mentioned in the text?
What is the nature of the communication from RBI to Life Insurance Corporation of India as mentioned in the text?
- Approval for acquiring up to 9.99% of the paid-up share capital or voting rights of HDFC Bank Limited (correct)
- Rejection of the application for acquiring shares in HDFC Bank Limited
- Approval for acquiring 15% of the paid-up share capital or voting rights of HDFC Bank Limited
- Approval for acquiring a majority stake in HDFC Bank Limited
What was the decision made by the Monetary Policy Committee (MPC) in the October 2023 meeting?
What was the decision made by the Monetary Policy Committee (MPC) in the October 2023 meeting?
How many consecutive meetings of the MPC have resulted in maintaining the status quo on the repo rate?
How many consecutive meetings of the MPC have resulted in maintaining the status quo on the repo rate?
What is the significance of the PM Vishwakarma Scheme mentioned in the text?
What is the significance of the PM Vishwakarma Scheme mentioned in the text?
What does '25 bps' represent in the context of the text?
What does '25 bps' represent in the context of the text?
What is the purpose of the CGTMSE mentioned in the text?
What is the purpose of the CGTMSE mentioned in the text?
Based on the GDP outlook, what is the projected real GDP growth for Q4:2023-24 according to the text?
Based on the GDP outlook, what is the projected real GDP growth for Q4:2023-24 according to the text?
What is the current policy Repo rate under the Liquidity Adjustment Facility (LAF) according to the text?
What is the current policy Repo rate under the Liquidity Adjustment Facility (LAF) according to the text?
According to the text, what is the current CRR of scheduled banks?
According to the text, what is the current CRR of scheduled banks?
What is the projected CPI inflation for Q1:2024-25 based on the information provided?
What is the projected CPI inflation for Q1:2024-25 based on the information provided?
Which monetary policy tool has been retained at 18 percent of NDTL for scheduled commercial banks based on the text?
Which monetary policy tool has been retained at 18 percent of NDTL for scheduled commercial banks based on the text?
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