Q.1) With reference to the proposed changes by RBI in regulations applicable to Housing Finance Companies (HFCs), consider the following statements:
1. HFCs should not be simultaneously allowed to lend to a real estate developer as well as homebuyers in the developer’s project.
2. Classifying HFCs as systemically important if the asset size is less than ₹500 crore.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Q.1) What are the measures needed against China’s new claim to entire Galwan Valley? Also highlights the challenge ahead relating to it.