Question

What is the new limit on the ceiling for public deposits for HFCs as per the revised RBI guidelines?

Q: Answer-What is the new limit on the ceiling for public deposits for HFCs as per the revised RBI guidelines?

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.

A 2 times of net owned funds

B 3 times of net owned funds

C 1.5 times of net owned funds

D 4 times of net owned funds

E No limit specified

Practice Next

More MCQs for RBI Grade B Questions

Which country recently launched the Tianhui 5-02 satellite group for geographic mapping, land resource surveys, scientific experiments, and other purposes?
Which crop does the indigenous variety "Mushk Budiji," recently highlighted in the news, belong to?
Which digital payment platform in Nepal crossed the 100,000 transaction milestone in August 2024?
Which of the following is NOT a method for farmers to register for the PM-KISAN scheme?
What is the primary goal of the NITI GearShift Challenge?
What significant decision did the Indian Air Force (IAF) recently make regarding the Astra Mk-1 missile?
Who launched the AIIMS-SBI Smart Payment Card, which ensures hassle-free payments for treatment in AIIMS New Delhi?
The Prime Minister of India recently greeted people on the special occasion of Ashadhi Bij. This festival is predominantly celebrated in which state?
Which bank saw a 35.3% increase in net profit to ₹16,174.75 crore in Q1 FY25?
Gati Shakti Vishwavidyalaya (GSV) recently collaborated with which company for aerospace teaching and research?

Relevant for Exams:

Hey! Ask a query

What is the new limit on the ceiling for public deposits for HFCs as per the revised RBI guidelines?

Detailed Solution

More MCQs for RBI Grade B Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login