Question
RBI introduced the Scale based regulatory framework for
NBFCs. As per the framework, NBFCs – Middle Layer and NBFCs - Upper Layer with _____ and more ’Fixed point service delivery units’ as on October 1, 2022 shall be mandatorily required to implement ‘Core Financial Services Solution (CFSS)’, similar to the Core Banking Solution (CBS) adopted by banks.Solution
NBFCs – Middle Layer and NBFCs - Upper Layer with 10 and more ’Fixed point service delivery units’ as on October 1, 2022 shall be mandatorily required to implement ‘Core Financial Services Solution (CFSS)’, akin to the Core Banking Solution (CBS) adopted by banks. The CFSS shall provide for seamless customer interface in digital offerings and transactions relating to products and services with anywhere / anytime facility, enable integration of NBFCs’ functions, provide centralised database and accounting records, and be able to generate suitable MIS, both for internal purposes and regulatory reporting.
Select the idiom/phrase that most accurately and contextually replaces the bolded segment.
When Priya accidentally disclosed confidential inf...
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Select the most appropriate meaning of the given idiom.
Vanish into thin air
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Contain commonly used idioms and phrases in the English language. In each case, choose the option representing the correct meaning of each of ...
- Identify the words that are similar in meaning to the phrase in bold. If none of the options conveys the correct meaning, mark (5) as your answer. The opti...
The traffic came to a standstill after the heavy downpour of rain.
In the given question a sentence with a blank is given. From the options choose the idiom which will fit perfectly in the blank and make the sentence c...
