What is the minimum net worth required for a Small Finance Bank to transition into a Universal Bank according to the RBI guidelines?
Anonymous Quiz
48%
βΉ500 crore
12%
βΉ750 crore
37%
βΉ1,000 crore
3%
βΉ1,250 crore
May 1, 2024
What action did the RBI advise for lenders found charging excessive interest according to the RBI's recent circular on Fair Practices Code for Lenders?
Anonymous Quiz
9%
Increase the interest rates further
17%
Maintain current practices
71%
Refund the excess interest to customers
3%
None of the above
May 2, 2024
What was the total gross GST revenue collected in April 2024 in India?
Anonymous Quiz
16%
βΉ1.92 lakh crore
56%
βΉ2.10 lakh crore
14%
βΉ1.70 lakh crore
13%
βΉ2.50 lakh crore
May 3, 2024
When must banks start submitting the Form A Return exclusively on the CIMS Portal?
Anonymous Quiz
21%
May 14, 2024
41%
June 14, 2024
18%
July 24 ,2024
20%
December 31, 2024
May 4, 2024
Knowledgist 4 Banking π―
When must banks start submitting the Form A Return exclusively on the CIMS Portal?
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May 4, 2024
030524-SCO_33_INT_SCH_REVISED.pdf
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May 4, 2024
What must lenders ensure before the disbursement of funds according to the RBI's new draft framework for Project Financing in Infrastructure and Real Estate Sectors?
Anonymous Quiz
5%
Achievement of financial closure
16%
A maximum moratorium period of six months
15%
A positive net present value (NPV)
64%
All of the above
May 5, 2024
What can standalone primary dealers (SPDs) now utilize according to the new RBI directive?
Anonymous Quiz
19%
Only domestic currency for borrowing
48%
Foreign currency from international markets
11%
Trade in equities only
21%
Investments in private corporate bonds
May 6, 2024
May 6, 2024
What alternative financing models are fintech companies considering following the RBI's new growth directives?
Anonymous Quiz
15%
Only unsecured personal loans
27%
Predominantly high-risk investments
39%
Gold loans and loans against property
19%
Exclusive venture capital funding
May 8, 2024
May 9, 2024
What is the primary objective of the partnership between NIPL and the Bank of Namibia?
Anonymous Quiz
9%
To reduce banking fraud
80%
To establish real-time transaction capabilities
4%
To increase interest rates
6%
To promote tourism
May 10, 2024