πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      The LCR is designed to ensure an NBFC has enough HQLA to

      survive a severe liquidity stress scenario for how many days?
      A 15 days Correct Answer Incorrect Answer
      B 30 days Correct Answer Incorrect Answer
      C 60 days Correct Answer Incorrect Answer
      D 90 days Correct Answer Incorrect Answer
      E 1 year Correct Answer Incorrect Answer

      Solution

      An NBFC shall maintain an adequate level of unencumbered HQLA that can be converted into cash to meet its liquidity needs for a 30 calendar-day time horizon under a significantly severe liquidity stress scenario as specified in the Directions.

      Practice Next
      ask-question