New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The implementation of prudential norms on BASEL III

    capital framework for AIFIs shall be from April 01, 2022 except for ____, for which the implementation will be from _________.
    A EXIM bank; April 01, 2023 Correct Answer Incorrect Answer
    B NABARD; January 01, 2023 Correct Answer Incorrect Answer
    C SIDBI; October 01, 2022 Correct Answer Incorrect Answer
    D NHB; July 01, 2022 Correct Answer Incorrect Answer
    E NaBFID; April 01, 2023 Correct Answer Incorrect Answer

    Solution

    The central bank wants AIFIs to achieve minimum total capital of 9 per cent and capital conservation buffer of 2.5 per cent, with the minimum total capital and CCB adding up to 11.5 per cent, by April 1, 2022.   For NHB, since the accounting year is July-June, the implementation shall commence on July 1, 2022.

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