IIBF CERTIFICATION 2025 DAILY UPDATES
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KYC/AML, Debt Recovery Agent, Prevention of Cyber Crime and Fraud Management, MSME, Digital Banking, certified Credit Professional.
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KYC/AML Q. Commodity markets deal exclusively in agricultural goods.
Anonymous Poll
63%
TRUE
37%
FALSE
TIRM Q. Debentures are governed by company law and transferable only by registration.
Anonymous Poll
85%
TRUE
15%
FALSE
ITF Q. Payment gateway charges are deducted before remittance reaches the exporter in e-commerce trade.
Anonymous Poll
89%
TRUE
11%
FALSE
DRA Q. Loan agreements of NBFCs must exclude the customer's right to grievance redressal.
Anonymous Poll
63%
TRUE
37%
FALSE
KYC/AML Q. Legitimate businesses are never involved in laundering or commingling illicit funds.
Anonymous Poll
68%
TRUE
32%
FALSE
1
TIRM Q. Equity shareholders enjoy voting rights and may receive dividends depending on company profits.
Anonymous Poll
95%
TRUE
5%
FALSE
KYC/AML Q. Failing to prevent money laundering can attract regulatory penalties and reputational harm for banks.
Anonymous Poll
100%
TRUE
0%
FALSE
TIRM Q. SEBI mandates CP issuance only in physical form for corporates.
Anonymous Poll
59%
TRUE
41%
FALSE
ITF Q. Merchanting trade is regulated in India under RBI-issued guidelines.
Anonymous Poll
100%
TRUE
0%
FALSE
COMPLIANCE Q. PFRDA was established before SEBI to regulate pension schemes.
Anonymous Poll
59%
TRUE
41%
FALSE
ITF Q. GATT only focused on tariff barriers, not non-tariff barriers.
Anonymous Poll
64%
TRUE
36%
FALSE
CCP Q. The Cash Budget method is especially suited for seasonal businesses like fireworks or agriculture.
Anonymous Poll
76%
TRUE
24%
FALSE
🎯 PMJJBY Part 2 – One Video, Full Clarity
✔️ ₹2 lakh death benefit
✔️ Low-cost social security scheme
✔️ Exam-ready explanation
▶️ https://youtube.com/shorts/hBy9qADMGn4
🟢 RBI Liquidity Operations & Market Impact – Short Note

Reserve Bank of India actively managed liquidity to balance rupee stability and banking system liquidity amid global volatility.

🔹 FX Buy–Sell Swaps
RBI conducted USD 2 billion+ FX buy–sell swaps
📌 Purpose: Offset rupee liquidity absorbed due to spot dollar sales
💡 Acts as a non-interest rate liquidity tool.

🔹 Spot Dollar Intervention
RBI sold dollars in the spot market to check sharp rupee depreciation.
⚠️ Impact: Rupee liquidity absorption from the banking system.

🔹 Liquidity Impact
Banking system liquidity had moved into deficit (~₹6,000 crore)
🔄 FX swaps re-injected rupee liquidity, preventing funding stress.

🏦 Reduced banks’ dependence on MSF.

🔹 Market Effects
📉
Dollar forward premiums softened, lowering hedging cost for importers
📊 Short-term money market rates aligned closer to repo rate.
🧘 Maintained orderly market conditions without changing policy rates.

🔹 Policy Significance
🧰 Reflects RBI’s multi-tool liquidity framework
(FX swaps + LAF)
🎯 Ensures currency management without disturbing credit flow.
RBI does not target a fixed exchange rate, only market stability.

🔔 Key Limits / Rates to Remember
MSF Rate: Repo Rate + 25 bp
L
iquidity deficit observed: ~₹6,000 crore
FX
swap size: USD 2 billion+

📝 Exam Focus
Spo
t dollar sale = Rupee liquidity
FX buy–sell swap = Rupee liquidity
FX swaps = Liquidity management tool, not a rate tool
CCP Q. The credit acquisition strategy can be organic or inorganic based on asset sourcing methods.
Anonymous Poll
76%
TRUE
24%
FALSE
KYC/AML Q. Correspondent banks are not required to assess AML systems of respondent banks under FATF rules.
Anonymous Poll
44%
TRUE
56%
FALSE