Question
In case of securitization of assets, to ensure that the
originators have a continuing stake in the performance of securitised assets, the ______ is mandated by RBI.Solution
Minimum Retention Requirement (MRR) The MRR is primarily designed to ensure that the originators have a continuing stake in the performance of securitised assets so as to ensure that they carry out proper due diligence of loans to be securitised. The originators should adhere to the MRR as detailed below while securitising loans leading to issuance of securitisation notes other than residential mortgage backed securities: a.  For underlying loans with original maturity of 24 months or less, the MRR shall be 5% of the book value of the loans being securitised. b.  For underlying loans with original maturity of more than 24 months as well as loans with bullet repayments, as mentioned in proviso to Clause 6, the MRR shall be 10% of the book value of the loans being securitised.
The Egg shell is made up of which of the following?
Which element is used in pencil leads?
Which of the following is NOT a d-block element?Â
Which enzyme is derived from soybeans?
Pepperonil, ethyl acetate, butyraldehyde and nitrate are some common adulterants used in ____________
Which of the following is polyatomic?
The _________ property of the element is a whole number.
The atoms which contains same number of Electrons are known as:
What is the gas ‘Xenon’ also known as?
Which alkali metal is represented by the atomic number 3?