Question
The Department of Fintech has been created with effect
from January 04, 2022, by subsuming the FinTech Division of ________________.Solution
- It has been created with effect from January 04, 2022, by subsuming the FinTech Division of Department of Payment and Settlement Systems, Central Office (DPSS, CO). The department will promote innovation in the sector and also identify the challenges and opportunities associated with it and address them in a timely manner. Ajay Kumar Choudhary, who was recently promoted as the Executive Director of RBI was appointed as head of the department.
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 ...
The economic value of a bank can be viewed as the sum of present values of the bank’s expected ________
Which of the following Statements is/are True?
I- AT-1 bonds are a type of unsecured, perpetual bonds.
II- The return on AT-1 bonds is u...
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 th...
Which of the following is also known as “systematic risk”?
If external rating of a borrower is changes from A to BBB, how does risk weight change under Basel norms?
As per the KYC related guidelines given by RBI, which of the following is required for conducting V-CIP (Video-Based Customer Identification Process)?
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 fu...
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 will be the impact on the portfolio’s systematic risk with the increase in the number of stocks in a portfolio?
Relevant for Exams:
