Question
If an individual is unable to pay back the overdraft
taken by him it is known asSolution
Credit Risk is the risk of non-recovery of loan or risk of default. Market risk – risk from change in market value of assets Interest rate risk – risk from change in interest rate Liquidity risk – risk of not having enough liquid assets to meet short term obligations Operational risk - from inadequate or failed procedures, systems or policies, employee errors, systems failures, fraud or other criminal activity, any event that disrupts business processes
A bank’s Profit before appropriations = ₹20 crore. Statutory reserve requirement is 25%. The bank also transfers ₹2 crore to Investment Fluctuatio...
What is a primary condition under RBI guidelines for REs when onboarding non-resident customers with limited KYC documentation? Â
What is the minimum duration for which a small account can remain operational after opening without furnishing an Officially Valid Document (OVD)?
'CBS' in the context of banking stands for:
A customer reports unauthorized transactions on their digital banking app. Under RBI’s directions, if the customer informs the bank within 3 days, wha...
A bank has statutory reserve requirement of 25% of Net Profit before appropriations. Net Profit before appropriations = ₹40 crore. Transfer to reserve...
InsureCo writes a portfolio of 12-month fire insurance policies on 1 Oct (policy year Oct–Sep). Premiums are received upfront. Historical claims are s...
Which of the following is not allowed in small accounts?
A bank finds it difficult to repay the short term deposits on maturity because the funds of the bank are locked in ____
As per Schedule I, any kind of disposal or transfer of business assets made by an entity on a permanent basis qualifies as supply, even though it is wit...
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