BAFIA MCQ PART-56| RBB AND NRB|ADBL 4th & 5th || Bank MCQ|बैङ्क-तथा-वित्तिय-संस्था-सम्बन्धी-ऐन-२०७३ скачать в хорошем качестве

BAFIA MCQ PART-56| RBB AND NRB|ADBL 4th & 5th || Bank MCQ|बैङ्क-तथा-वित्तिय-संस्था-सम्बन्धी-ऐन-२०७३

परिच्छेद-10 बैंक वा वित्तीय संस्थाहरूको मर्जर र एक्विजिसनसम्बन्धी प्रावधानहरू परिच्छेद-11 बैंक वा वित्तीय संस्थाहरूको स्वैच्छिक परिसमापन परिच्छेद-12 बैंक वा वित्तीय संस्थाहरूको अनिवार्य लिक्विडेशन सम्बन्धी प्रावधानहरू परिच्छेद- 13 कारबाही, कसुर र सजाय सम्बन्धी प्रावधान An Act enacted for amendment and consolidation in laws relating to Banks and Financial Institutions Preamble: Whereas, it is expedient to amend and consolidate forthwith the prevailing laws relating to banks and financial institutions in order to increase confidence of general public towards the overall banking and financial system of the country; to protect and promote the rights and interests of depositors; to provide quality and reliable banking and financial services to general public through healthy competition among banks and financial institutions thereby making national economy sustainable and strong; and to maintain financial stability and make necessary legal provisions concerning establishment, operation, management, regulation, inspection and supervision of banks and financial institutions; Now, therefore, be this Act enacted by the Legislature-Parliament pursuant to in SubArticle (1) of Article 296 of the Constitution of Nepal Bank and Financial Institution Act, 2073 (2017) Nepal Gazette Published by Government of Nepal Part 67 Kathmandu, Baishakh 10, 2073 BS (April 23, 2017 AD) (Pre-Additional Number 1A) Part-2 Government of Nepal Ministry of Law, Justice and Parliamentary Affairs The Act, enacted by Legislature-Parliament pursuant to Sub-Article (1) of Article 296 of Constitution of Nepal as mentioned hereunder, is hereby published for the information of general public. Act No. 1 of the year 2074 Chapter- 1 Preliminary 1. Short Title, Extension and Commencement: (1) This Act may be called as “Banks and Financial Institutions Act, 2073 (2017)." (2) This Act shall extend to the whole territory of the state of Nepal and also enforce to a branch or liaison office opened outside of Nepal by a bank and financial institution incorporated in Nepal. (3) This Act shall come into force at once. 2. Definitions: Unless the subject or the context otherwise requires, in this Act,- (a) "Court" means Commercial Bench of the Court designated by Government of Nepal with approval from the Supreme Court by publishing a notice in the Nepal Gazette. (b) "Chairperson" means the Chairperson of the Board of Directors and the word also includes the Executive Chairperson. (c) “License” means the license issued by the Rastra Bank under this Act in the name of a bank or financial institution to carry on banking and financial transactions. (d) “Licensed transaction” means banking and financial transaction to be carried out by bank or financial institution by obtaining license under this Act. (e) "Bank or financial institution" means a bank or financial institution which has obtained a license pursuant to this Act for carrying on banking or financial transaction. (f) “Significant Ownership” means a situation where any person has, solely or jointly in association with other person or institution, subscribed two percent or more shares of a bank or financial institution and due to which he/she/it may have influence on management of the bank or financial institution. 3 (g) "Borrower" means person, firm, company or institution obtained credit from bank or financial institution. (h) “Credit” means the amount lent by bank or financial institution to any person, firm, company, institution or other business enterprise subject to repay principal, interest