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.
The length of a rectangle is 4 cm more than the radius of a circle. The perimeter of the rectangle is 96 cm, and the ratio of its length to breadth is 8...
In an exam of 100 marks, the average marks of a class of 38 students are 72. If the top 3 scorers of the class leave, the average score falls “dow...
The circumference of a circle is 44 cm. (Take π = 22/7.) What is the area of the circle?
If a triangle with base 15 cm has the same area as a circle with radius 15 cm, then the corresponding altitude (in cm) of the triangle is:Â
- A right-angled triangle has its smallest median measuring 4.8 cm. Find the hypotenuse.
The ratio of the radii of the bases of a cylinder and a cone is 5:6, while the ratio of their heights is 3:4. What is the ratio of the volume of the cyl...
A hemisphere of radius 14 cm is placed on a flat surface with its curved side touching the surface. A cylinder with the same radius and height of 14 cm ...
A solid cube, whose edge is of length 60 cm, is melted. Identical solid cubes, each of volume 216 cm3, are made of this molten cube, without ...
In an examination the average marks of Rohit is 55. If he got 15 more marks in science and 27 more marks in maths then his average would have been 61. F...
In a cricket match the captain of one of a team scored 26 runs more than the average runs scored by the remaining 10 batsmen of that team who batted in ...
