banking latest

Question 1

What are the three tiers of cooperative societies?

Answer 1

State, district/Central, pacs

Question 2

What are the input and output of the cooperative system?

Answer 2

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Question 3

Why lending rates are lower in cooperative societies?

Answer 3

Idea is that members form hence no profit motive(just helping out members with loans)—>lower rates

Question 4

Which states have had more cooperative societies and why?

Answer 4

Maharashtra, Gujarat, Tamil Nadu, Andhra Pradesh… They have cooperative spirit

Question 5

Immediate regulator of cooperative societies?

Answer 5

Nabard+ state registrar of cooperative societies

Question 6

Overall regulator of cooperative societies

Answer 6

RBI

Question 7

Explain the internal classification of cooperative societies?

Answer 7

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Question 8

Who was the precursor to nbfis?

Answer 8

Dfi

Question 9

When dfis were formed?

Answer 9

1948-1964

Question 10

Why dfis were formed

Answer 10

qwe

Question 11

Which dfis were formed between 1948-1964

Answer 11

Question 12

What happened to the dfis eventually?

Answer 12

qwe

Question 13

Where do nbfis get money from?

Answer 13

Goi grants + loans(from banks/RBI/goi)

Question 14

General classification of nbfi

Answer 14

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Question 15

Explain exim 2 points

Answer 15

Exim act 82 100 percent goi

Question 16

What is nabard regulator of?

Answer 16

RRB+ cooperative

Question 17

Explain nabard role as lender?

Answer 17

Indirect lender to RRB, cooperatives

Question 18

Which is the fund that nabard manages?

Answer 18

Rural infrastructure development fund

Question 19

Ownership of national housing Bank?

Answer 19

100 percent goi

Question 20

What nhb does?

Answer 20

Refinance for housing finance companies

Question 21

Does nhb regulate housing finance companies. Why?

Answer 21

No. That’s done by RBI to avoid conflict of interest

Question 22

Mention the year of founding of the 4 aifis?

Answer 22

Exim 82, Nabard 82, nhb 88, sidbi 90

Question 23

What sedf does?

Answer 23

Indirect lending to mses via mudra, stand up India

Question 24

Portal by sidbi for small industries

Answer 24

Udyamimitra

Question 25

Who formed sidbi?

Answer 25

SBI,LiC, IDBI, other PSB and insurance companies

Question 26

What are the 2 differences between aifi and banks. One flowing from other?

Answer 26

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Question 27

Who regulates aifi. What norms?

Answer 27

Rbi+ basel

Question 28

What is a primary dealer. Who can be a primary dealer? Where it gets license from?

Answer 28

qwe

Question 29

Difference between commercial banks and nbfcs wrt registration, supervision, entry capital, deposits, crr, slr, Basel 3

Answer 29

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Question 30

Commercial Bank and nbfc difference?. Wrt investment, loan rate, recovery

Answer 30

* Commercial banks cannot invest in share market per se, NBFCs can * Loan rate in commercial banks is regulated as per MCLR, LTV. In NBFCs it is regulated depending on nature of biz * SARFAESI is available for all banks. But it is only for Housing finance companies NBFCs classified based on regulator

Question 31

5 regulatory agencies related to nbfc?

Answer 31

RBI, irdai, pfrda, sebi, ministry of corporate affairs

Question 32

Who controls microfinance companies

Answer 32

Moca+rbi

Question 33

Who controls Nidhi and chit fund?

Answer 33

Moca

Question 34

What is the need for mudra

Answer 34

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Question 35

What is the structure of mudra

Answer 35

Nbfc-nd subsidiary of sidbi

Question 36

What are the functions of mudra?

Answer 36

qwe

Question 37

Where funds come from to mudra, where it goes?

Answer 37

qwe

Question 38

What if a mudra loan becomes npa

Answer 38

qwe

Question 39

What is mudra card?

Answer 39

It is like an ATM card for withdrawing loan money

Question 40

Which ministry operates the stand up India scheme?

Answer 40

Finance Ministry

Question 41

What is the obligation for each scb branch under the stand up India scheme

Answer 41

wqe

Question 42

In stand up India scheme, if loans do not have credit guarantee then who gives guarantee

Answer 42

National credit guarantee trust corporation of India

Question 43

Explain 59 minutes loan portal. 1) who has launched the portal 2) what does it do? 3) how much is the typically sanctioned loan amount 4) is a collateral needed? 5) what is automated? 6) what is the fees?

Answer 43

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