organizations‚ Commercial banks and ............ 1) NBFC 2) Chit funds 3) Share Market 4) NGO 5) None 9. Which legislation authorized RBI to inspect commercial banks? 1) Banking Regulation Act‚ 1934 2) Banking Regulation Act‚ 1954 3) Banking Regulation Act‚ 1949 4) Banking Regulation Act‚ 1972 5) Banking Regulation Act‚ 1901 10. Which among the following is not the function of BFS of RBI? 1) Off-site
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important criterion in regulation. How would you recognise fairness in a regulatory process and how would you illustrate either fairness or unfairness with examples from your reading? Regulatory economics is the economics of regulation which includes the application of the law by the Government for various goals such as centrally-planning an economy and also fixing markets failures in the economy. We must now discuss the main reasons on why regulation is necessary. Regulation is necessary to correct
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Banking Regulation Financial regulation relates to laws and rules that govern what financial institutions such as banks‚ brokers and investment companies can do. These may be set though legislation or be stipulated by the relevant regulatory agency‚ for instance the FSA in the UK . Regulation is needed to ensure consumer’s confidence in the financial sector . It does this by providing smaller retail clients with protection against potential losses and by protecting consumers against monopolistic
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BANKING REGULATIONS ACT 1949 The Banking Regulation Act was passed as the Banking Companies Act 1949 and came into force wef 16.3.49. Subsequently it was changed to Banking Regulations Act 1949 wef 01.03.66. Summary of some important sections is provided hereunder. The section no. is given at the end of each item. For details‚ kindly refer the bare Act. * Banking means accepting for the purpose of lending or investment of deposits of money from public repayable on demand or otherwise and withdrawable
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International‚ announced that it would be closed down. America’s news media have come under heavy criticism for the way they reported the trial of Casey Anthony‚ a woman accused of murdering her daughter. Before the verdict Ms Anthony suffered an electronic lynching from news organisations and amateur sleuths on Twitter and Facebook. The jury‚ having heard all the evidence in detail‚ this week acquitted her. Britain’s traditional news media are supposedly bound by strict laws that curtail their reporting
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Many of the highest ranked universities‚ reasonably‚ are using English language to teach in most relevant courses. It is an important reason of increasing the international students in overseas language centres. Foreigners are joining these centres to gain valuable language skills‚ and also verifying of experience‚ however‚ a few negative impacts on students still exist. Studying English Overseas has vast advantages. First of all‚ international students can gain knowledge of new culture from each
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healthcare market will attract more and more overseas pharmaceutical manufacturers and producers to penetrate such market. Get full report at: http://www.analyzefuture.com/chinese-guidebook-for-adverse-drug-reaction-reporting-and-monitoring-regulations-2014-market However‚ when searching on website of the Chinese regulatory authority of drugs‚ China Food and Drug Administration‚ you may find there are many announcements of adverse drug reaction reports for those that drugs made by overseas
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THE BANKING REGULATION ACT‚ 1949 (Act No. 10 of 1949) [10th March‚ 1949] PREAMBLE PART I: PRELIMINARY Sections 1. 2. 3 4. 5. 5A. Short title‚ extent and commencement Application of other laws not barred Act to apply to co-operative societies in certain cases. Power to suspend operation of Act Interpretation Act to override memorandum‚ articles‚ etc. PART II: BUSINESS OF BANIKNG COMPANIES 6. 7. 8. 9. 10. 10A. 10B 10BB Forms of business in which banking companies may engage Use of words "bank"‚
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limits as they can to avoid crisis. Yet‚ it cannot be denied that among the sectors “affected” by regulation‚ the area of banking is one of the most important. In an original speech pronounced in August 2012‚ Andrew Haldane‚ the director of the Bank of England denounced a too much complicated regulation in banking. If Haldane admits that the regulation is inevitable‚ it remains that a complex regulation is sometimes useless. Haldane’s speech entitled “The dog and the frisbee” has been discussed in
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attract more and more overseas medical device manufacturers and producers to penetrate such market. To view the complete report‚ visit at: http://www.analyzefuture.com/chinese-guidebook-for-medical-device-adverse-event-reporting-and-monitoring-regulations-market However‚ when searching on website of the Chinese regulatory authority of medical devices‚ China Food and Drug Administration‚ you may find there are many announcements of medical devices recall and adverse event reports for those that
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