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.
Saponification number is the number of milligrams of KOH required to saponify 1 g fat. Which of the following statement is true about saponification nu...
Richest source of Riboflavin is:
Scientists grouped fish into
Why exhausting is done in canning
a)Â Â Â To avoid the corrosion of tinplate and pin holing during storage.
b)Â Â Â To minimize dis...
The water activity is measured on a scale of range
Lectin is a__________
Biological importance of gluconic acid is
The first synthetic sweetening agent used was:
In canning large fish, the procedure when gut and head is removed is called:
Which of the following packages is an example of aseptic packaging?