Practice Risk Management in Banks Questions and Answers

• As per the KYC related guidelines given by RBI, which of the following is required for conducting V-CIP (Video-Based Customer Identification Process)?
• Which of the following best describes the primary role of the Central KYC Records Registry (CKYCR)? 
• Which of the following best describes a charge created by a borrower in favor of a secured lender upon any movable property, existing or future, without de...
• When a borrower creates a mortgage in favour of the lender by deposit of title deed of immovable property as security to the lender until the loan is fully...
• Recovery r isk is a part of the overall credit risk . Recovery risk is primarily dependent on __ ______
• L oan granted for long duration crops will be treated as NPA, if the instalment of principal or interest thereon remains overdue for __________ _ .   ...
• Which of the following is a Credit information companies (CIC) that provides credit score on individuals?  
• Which of the following factors impact the adequacy of a bank’s liquidity position ?  
• Which of the following describes a charge which is a contract between the borrower and lender in which the borrower offers security to the lender and the b...
• Which of the following is correct with respect to the conditions to be met for a third party’s customer due diligence to be accepted by an RE?
• What is the l imit on total exposure of an originator /lender to the securitization exposures belonging to a securitisation structure or scheme ?
• CERSAI was formed to discourage and prevent the practice of taking out various loans from several banks using the same asset or property. What does the ‘...
• Under the Basel III norms, what is the minimum Capital to Risk-weighted Assets Ratio (CRAR) that banks in India are required to maintain?
• The Liquidity Coverage Ratio (LCR) under Basel III norms aims to ensure that banks:
• If external rating of a borrower is changes from A to BBB, how does risk weight change under Basel norms?
• Under Basel III norms, the minimum Tier 1 capital a bank must maintain is:
• Under the Basel III norms, what is the minimum Capital to Risk-weighted Assets Ratio (CRAR) that banks in India are required to maintain?
• Which of the following terms refers to the risk arising from a borrower's failure to meet the terms of a loan agreement?
• What is the maximum of credit risk borne by CGTMSE for guaranteed coverage under the CGTMSE scheme? 
• What is the fundamental nature and definition of an Integrated Banking Ombudsman?
• What is the core structural purpose and relevance of creating an Integrated Banking Ombudsman mechanism in the financial sector?
• On which of the following specific dates does the Reserve Bank - Integrated Ombudsman Scheme, 2026 officially come into force?
• The 2026 Scheme is formulated under several statutory provisions. Which of the following Acts does NOT grant statutory authority to this specific framework...
• What is the standard tenure of appointment for an RBI Ombudsman and an RBI Deputy Ombudsman?
• If a customer wants to file a complaint with the Ombudsman, which of the following is the most fundamental first step they must complete? 
• According to the definition, what does a "deficiency in service" primarily represent? 
• What is the financial limit on the dispute amount that a customer can bring before the RBI Ombudsman?
• What is the maximum compensation amount that the RBI Ombudsman can award for a direct consequential financial loss suffered by a complainant?
• Apart from direct consequential loss, the Ombudsman can award an additional compensation amount for loss of time, expenses, and mental anguish. What is the...
• Where is the primary Centralised Receipt and Processing Centre (CRPC) established by the RBI located?
• Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks fall under the jurisdiction of the Scheme only if they hit which minimum deposit size thresh...
• An NBFC registered with the RBI that features a customer interface comes under the purview of this scheme if its asset size is at least:
• Which of the following specific corporate entities is structurally excluded from the applicability of the Scheme under the NBFC criteria?
• Which of the following entities is covered under the Scheme without any asset or deposit size thresholds attached to its name?
• Before a customer can file a maintainable complaint with the RBI Ombudsman, how many days must they wait for a response after giving their first-level writ...
• What is the limitation period for lodging a complaint with the RBI Ombudsman after the initial 30-day window given to the financial institution has expired...
• According to the rules of representation specified under the grounds for maintainability, who is explicitly barred from representing a complainant unless t...
• Which of the following grievances would be rejected at the outset as it represents a clear corporate structural exclusion from the Scheme?
• Which of the following types of disputes is explicitly non-maintainable under the institutional exclusion criteria?
• The Centralised Receipt and Processing Centre (CRPC) executes an initial processing phase. What is the functional scope of this step?