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Banking Awareness Test 51
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Banking Awareness Test 51
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  • Question 1/10
    1 / -0

    Which of the following Condition(S) is/are satisfied by Systematically Important Core Investment Company(CIC-ND-SI)?

    Solutions

    A CIC-ND-SI is a Non-Banking Financial Company with asset size of Rs 100 crore and above. It accepts Public Funds. It holds not less than 90% of its net assets in the form of investment in equity shares, bonds etc.,

     

  • Question 2/10
    1 / -0

    Systematically Important Core Investment Company(CIC-ND-SI)/ CICs can not accept ________

    Solutions

    CICs/CIC-ND-SI can not accept deposit. Also It can’t accept public deposit which is included by Public Fund.

     

  • Question 3/10
    1 / -0

    CICs having asset size of _________are exempted from registration and regulation from the RBI

    Solutions

    CICs having asset size of below Rs 100 crore are not regulated by RBI. except if they wish to make overseas investments in the financial sector.

     

  • Question 4/10
    1 / -0

    CICs are permitted to invest Liquid Fund Schemes (Mutual Funds) with maturity of less than ____ days.

    Solutions

    CICs are permitted to make investments in money market instruments,including money market mutual funds.

     

  • Question 5/10
    1 / -0

    CICs/CIC-ND-SI holds not less than 90% of its net assets in the form of investment in _________

    Solutions

    CICs/CIC-ND-SI holds not less than 90% of its net assets in the form of investment in equity shares, preference shares, bonds, debentures, debt or loans in group companies.

     

  • Question 6/10
    1 / -0

    _________ is a NBFC which deploys at least 75 per cent of its total assets in infrastructure loans.

    Solutions

    Infrastructure Finance Company(IFC) has a minimum Net Owned Funds of Rs.300 Crore.It has a minimum credit rating of ‘A ‘or equivalent and a Capital to Risk (Weighted) Assets Ratio(CRAR) of 15%.

     

  • Question 7/10
    1 / -0

    Infrastructure Finance Company(IFC) has a minimum Net Owned Funds of _______

    Solutions

    Infrastructure Finance Company(IFC)is a NBFC which deploys at least 75 per cent of its total assets in infrastructure loans. It has a minimum credit rating of ‘A ‘or equivalent and a CRAR of 15%.

     

  • Question 8/10
    1 / -0

    _________ means any company which is a financial institution carrying on as its principal business the acquisition of securities.

    Solutions

    Investment Company(IC) is a company whose main business is holding securities for investment purposes.

     

  • Question 9/10
    1 / -0

    _______is financial institution through which promoter / promoter groups will be permitted to set up a new bank.

    Solutions

    Non-Operative Financial Holding Company (NOFHC) will hold the bank as well as all other financial services companies regulated by RBI or other financial sector regulators, to the extent permissible under the applicable regulatory prescriptions.

     

  • Question 10/10
    1 / -0

    Mortgage Guarantee Company(MGC) has a minimum Net Owned Funds of _______

    Solutions

    Mortgage Guarantee Companies(MGC) are financial institutions for which at least 90% of the business turnover is mortgage guarantee business. It has a minimum Net Owned Funds of Rs.100 Crore.

     

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