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- Reserve Bank of India has permitted Video based Customer Identification Process (V-CIP) as a _______ alternate method of establishing the customer’s identity, for customer onboarding for KYC.
A) mandatory
B) account-based
C) consent-based
D) customer-based
- The Reserve Bank has allowed non-banking financial companies (NBFCs) to pool and auction gold jewellery from different branches at which level?
A) state
B) national
C) district
D) block
- Primary UCBs having total assets of _________ and above are required to report large exposures to __________.
A) Rs 100 crore; CRILC
B) Rs 500 crore; CIBIL
C) Rs 500 crore; CRILC
D) Rs 100 crore; CIBIL
- What does PRI stand for in respect to Short Term Crop Loans through the Kisan Credit Card?
A) Prompt Regular Incentive
B) Prompt Repayment Index
C) Proper Repayment Index
D) Prompt Repayment Incentive
- With respect to the Restructuring of Advances to MSMEs the aggregate exposure of banks and NBFCs to the borrower should not exceed _______?
A) Rs 15 crore
B) Rs 10 crore
C) Rs 50 crore
D) Rs 25 crore
- What is the full form of NCCD?
A) Non-Centrally Cleared Derivatives
B) New-Classified Cleared Debentures
C) Non-Classified Cleared Derivatives
D) New-Centrally Cleared Debentures
- RBI has linked all new floating rate personal or retail loans and floating rate loans to _______ extended by banks to be linked to external benchmark.
A) Medium Enterprise
B) Micro-Enterprise
C) MSE
D) MSME
- To ensure easier transmission of monetary policy, RBI has advised banks to avail exemption to maintain the mandatory cash reserve ratio (CRR) for a period of _________ years.
A) 4
B) 5
C) 6
D) 8
- RBI has allowed Regional Rural Banks (RRBs) to act as Merchant Acquiring Banks (MABs) using which mediums?
(i) BHIM app
(ii) Aadhaar Pay
(iii) POS terminals
(iv) CTS
A) (i) and (ii)
B) (i), (ii) and (iv)
C) (i), (ii) and (iii)
D) All Four
- Who regulates the Housing Finance Companies?
A) NHB
B) RBI
C) SEBI
D) NABARD