Question
Under RBI’s scale-based regulatory framework for
NBFCs, an NBFC–Peer-to-Peer Lending platform (NBFC-P2P) will always fall under which regulatory layer?Solution
• RBI has introduced a Scale-Based Regulatory (SBR) Framework for NBFCs, classifying them into four layersbased on size, activity, and perceived riskiness: o Base Layer (NBFC-BL): Smallest and least risky NBFCs, including NBFC-P2P, NBFC-AA, and NBFCs with asset size below ₹1,000 crore. o Middle Layer (NBFC-ML): Larger NBFCs carrying moderate systemic risk (like deposit-taking NBFCs, HFCs, IFCs, IDFs). o Upper Layer (NBFC-UL): Top 10–15 NBFCs identified by RBI based on size, interconnectedness, and risk. o Top Layer (NBFC-TL): Ideally empty; reserved for NBFCs that may pose extreme risk in future. • NBFC-P2P platforms are explicitly categorized under the Base Layer and cannot migrate to higher layers regardless of size.
Select the word that is closest in meaning (SYNONYM) to the word given below
Equivocal
- In the following sentence, choose the word similar in meaning to the bold word to fill in the blank.
Her happy demeanor and ___________attitude bri... Select the most appropriate antonym of the given word.
He is showing signs of senility .
- Choose the alternative which can replace the bold word without changing the meaning of the sentence.
Her benevolent nature made her popular among t... Select the most appropriate synonym of the given word.
SOLID
Oblique
Appearance
The longevity (A) of the product is also assured (B) as the gold is plated (C) rather than applied as a coated (D) .
...Find out the appropriate word.
Select the most appropriate antonym of the given word.
SPARSE