Question
Where is the Head Office of MUDRA
Bank?Solution
The MUDRA bank was set up under the Pradhan Mantri MUDRA Yojana scheme. It lends to small entrepreneurs outside the service area of regular banks, by using last mile agents. The bank classifies its clients into three categories as below: Shishu ( शिशु): loans up to ₹50,000 Kishore ( किशोर): loans up to ₹5 lakh Tarun ( तरुण): loans up to ₹10 lakh
Which of the following is not allowed in small accounts?
Which among the following items link the Income Statement and the Balance Sheet
What is the threshold aggregate annual credit limit for deposit accounts opened using Aadhaar OTP-based e-KYC?
In cases where REs are unable to meet Customer Due Diligence (CDD) requirements due to a customer’s lack of cooperation, what is the recommended actio...
What is a primary condition under RBI guidelines for REs when onboarding non-resident customers with limited KYC documentation?
The CAMELS rating system, used for bank supervision, does NOT include the factor:
The 'MCLR' (Marginal Cost of Funds based Lending Rate) system replaced the earlier 'Base Rate' system. What is a key component in calculating MCLR?
G-Secs in India are issued through auctions conducted by RBI. These auctions are conducted on the Core Banking Solution (CBS) platform of RBI called
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
Nostro account is maintained in:
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