Question
What is the minimum total liquid asset requirement for
deposit-taking HFCs by January 01, 2025, as stated by RBI?Solution
The Reserve Bank of India (RBI), in August 2024, tightened norms related to public deposit acceptance by housing finance companies (HFCs), which were so far subject to relaxed prudential norms compared to non-banking financial companies (NBFCs). Currently, deposit taking HFCs are required to maintain 13% liquid assets against public deposits held by them. This will be enhanced to 15% of the public deposits held by them, in a phased manner. Accordingly, by January 1, 2025, these HFCs have to maintain 14% liquid assets, which include unencumbered approved securities. And, by July 2025, they have to hold 15% of total liquid assets as per cent of public deposits. The details are as below: 
Select the most appropriate antonym of the given word.
TURBULENT
One who always looks at the brighter side
Stultify
In the following questions, a word is followed by four choices. Select the choice that is nearly most opposite in meaning to the given word.
ACQUIT
- Select the most appropriate option to substitute the underlined word in the given sentence.
The cost of living has risen so drastically in the last... amicable
Select the most appropriate option to substitute the bold segment in the given sentence.
Abu said that he saw the picture.
Someone who is a passionate advocate, promoter, or pioneer of a particular cause or beliefÂ
Apostate
Select the word which means the same as the group of words given.
Something causing shock or dismay
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