Question
What is the new limit on the ceiling for public deposits
for HFCs as per the revised RBI guidelines?Solution
The ceiling on public deposits for HFCs has been reduced from 3 times to 1.5 times of net owned funds, according to the revised RBI guidelines. This measure aims to reduce excessive leveraging by HFCs.
More MCQs for RBI Grade B Questions
Find the wrong number in the given number series.
18, 40, 60, 132, 202, 408
Find the wrong number in the given number series.
76, 81, 96, 123, 156, 201Find the wrong number in the given number series.
77, 101, 139, 197, 281, 413
2600, 3000, 1759, 1275, 746, 170
90, 110, 132, 156, 182, 215
1080, 1058, 1016, 934, 772, 440
169, 224, 293, 385, 497, 629
12, 36, 41, 121, 128, 384
Find the wrong number in the given number series.
1, 8, 27, 65, 125, 2168137, 5405, 3669, 2701, 2201, 1997
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