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2025 NABARD CA > Finance 2 > Flashcards

Finance 2 Flashcards

(102 cards)

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1
Q

Which financial services platform has entered life insurance distribution by partnering with ICICI Pru and HDFC Life to offer an integrated financial platform?

A

Mirae Asset Sharekhan

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2
Q

FIU has the authority to impose a monetary penalty under?

A

Section 13 (2) d of PMLA 2002

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3
Q

PNB MetLife Banccasurance with ____ to offer a comprehensive suite of life insurance solutions, including savings, protection, retirement, and group plans.

A

Saraswat Co-operative Bank

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4
Q

Which insurance company announced a strategic partner Truhome Finance to provide Group Credit Life Insurance to home loan customers?

A

PNB Metlife

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5
Q

Which fintech company unveiled Wisor, India’s first AI-powered credit card expert?

A

CheQ

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6
Q

Gen AI-driven, healthcare insurance fraud and risk management startup, Consint.AI, has raised _________________________ in a seed funding round led by Equanimity Ventures and Seafund

A

5 crore

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7
Q

Which life insurer partnered with CARS24 Financial Services in January 2025 to boost insurance access through branches and digital platforms?

A

HDFC Life

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8
Q

Theme of Financial Literacy Week by RBI?

A

Women’s Prosperity

Feb 24 to Feb 28. Aligns with Nat Strategy for Fin edu 2020-2025

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9
Q

RBI revised the norms for UCBs allowing them to classify loans upto Rs. 25 L or 0.4% of Tier 1 capital, whichever is higher as ____ subj to a ceiling of Rs. ____/borrower

A

Small Value loans
Rs. 3 crore / borrower

25L to 3 crore - SVL

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10
Q

RBI has lowered the risk wtd bank loans to NBFCs by 25 bp to ___%

A

100%

Sec 21 &35A of Banking Regulation Act

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11
Q

Which financial advisory startup was founded by influencer Sharan Hegde, that aquired Registered Investment Advisor (RIA) license from SEBI?

A

1% Club

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12
Q

SEBI introduced a framework to regulate algo trading for retail investors. This will come into effect from?

A

Aug 1 2025

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13
Q

New platform by SEBI to help investors track and reclaim inactive or unclaimed MF folios?

A

MITRA

Mutual Fund Investment Tracing & Retrival Assistant

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14
Q

PNB MetLife entered into bancassurance partnership with ___ to enhance accessibility of Life Insurance Solutions.

A

India Posts Payments Bank

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15
Q

Finvasia (Chandigarh) launched Jumpp a fintech company with which bank?

A

Yes Bank

Jumpp: An AI enabled super application to simplify personal finance

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16
Q

LIC launched ____ a digital service platofrm aimed at empowering its agents & sales associated by providing seamless policy sales, cutomer servicing and business tracking through mobie phones

A

One Man Office

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17
Q

IRDAI launched ____ which enables insurance companies to block the policyholder’s premium amount in their bank account during the underwriting process

A

Bima-ASBA

Applications Supported by Blocked Amount

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18
Q

IRDAI has set up a 7-member committee headed by ____ to review and implement changes in the Insurance Act of 1938

A

Dinesh Khara

ex-SBI Chairman

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19
Q

SEBI has broadened the scope of NBFCs & HFCs to buy securities from ARCs under ____ Act

A

SARFAESI Act 2002

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20
Q

Current MDR for UPI & Rupay Debit Card is 0. Govt is considering reintroducing MDR for?

A

Large Merchants with annual turnover exceeding Rs. 40 Lakh

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21
Q

Who introduced the Ace Feature on its mobile banking app to simplify MF investments

A

IDFC First Bank

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22
Q

Investment upto Rs. ____ in NPS (tier 1) is available under subsection 80CCD (1B)

A

Rs. 50,000

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23
Q

Any Indian Citizen or OCI is eligible for NPS between age of?

A

18-70 yrs

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24
Q

Partial withdrawal in NPS can happen a max of ___ times after completing 3 yrs from joining

A

3 times

upto 25% of your own contributions can be withdrawn

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25
____ launched its MarTech plaform in Feb as a part of its DIVE project | Marketing Technology. Digital Innovation & Value Enhancement proj
LIC
26
Company that has evolved from a payment gateway to a full-stack financial services platform introducing innovations like digital onboarding & UPI
RazorPay
27
1st insurance company to launch IRDAI's Bima ASBA? | Application Supported by Blocked Amount
Bajaj Allianz Life Insurance
28
____ requires the depositor to keep their money in the account for a fixed period in exchange for a higher interest rate. The term can range from a few months to several years, and the interest rate is usually higher than that of a standard savings account.
Certificate of Deposit | Issued by banks, credit unions, brokerage firms
29
mDigiNext mobile app designed to enhance working capital management, cash flow efficiencies, and ensure faster execution of corporate financial operations, is by?
Bank of Baroda
30
AdvaRisk launches AI-Powered Collateral Management for Banks, NBFCs is backed by?
ICICI & Nabard
31
____ is considering the creation of an E-commerce Price Index (EPI). To statistically estimate the prices of goods and services bought via digital platforms, tracking inflationary trends within the e-commerce ecosystem
MoSPI
32
Total value of bids received by RBI for its 1st OMO for FY26
₹80,800 crore
33
Bankers recommend that RBI shift from current Weighted Average Call Rate (WACR) to?
Secured Overnight Rupee Rate (SORR) | To support smoother monetary transmission and system liquidity
34
Which bank has partnered with customer capital to launch an exclusive travel & loyalty platform for cardholders?
Bank of Maharashtra
35
Pension Disbursement feature by IDFC FIRST Bank for Central Government pensioners?
Joint account for family pension
36
What new feature did the EPFO introduce regarding bank account seeding?
Elimination of employer approval
37
Primary objective of the CITI - SBI Social Loan Facility launched for India's small farmers?
To provide financial access through KCC
38
Regulatory actions SEBI has introduced to enhance transparency?
SEBI-DNVS | A verification system for official documents
39
Acc to Swiss Re India's insurance market rank is? In 2032?
10th 6th
40
Top 2 insurance markets int he world?
USA > China | UK 3rd
41
How many insurers are registered in India with IRDAI?
73 (as of 2024) | 26 life, 25 general, 8 health, 12 reinsurance
42
IRDAI aims to deploy Bima Vahaks in every Gram Panchayat by?
December 31, 2024
43
Bima sugam to be launched by?
31 March 2025
44
DICGC established in?
1978
45
Which body banned MF-Insurance combo products?
SEBI
46
Who implemented NAIS?
AIC | National Agri insurance Scheme
47
Crop specific insurance scheme by AIC to protect farmers against damage or loss of coconut palms?
Coconut Palm Insurance Scheme (CPIS) | By AIC + Coconut board
48
Under which regulatory framework is IRDAI shifting towards a more risk-sesitive framework?
Risk Based Capital Framework | solvency ratio at 150%
49
Why did IRDAI impose a penalty of Rs. 1 cr on Royal Sundaram General Insurance
Violating outsourcing standards | failed to report payments exceeding Rs. 1 crore
50
Govt has asked private insurers to inc the free look period for policyholder from?
1 month to 1 year
51
Accident insurance for school children launched in which state?
Rajasthan Shiksha sanjeevni bima yojana
52
*Which insurance company* + KM Dastur Reinsurance (KMD) brokers to launch India's 1st Air Quality Index based parametric insurance?
Go Digit General Insurance | For migrant workers
53
Which state has signed an MoU with NSE to skill youth in Banking, Finance & Insurance?
Assam | Uttarakhand, Meghalaya, Chhattisgarh
54
Which company has partnered with Hyundai india insurance to expand motor insurance accessibility?
Magma HD General insurance
55
Who has launched insuring heroes campaign on international women's day?
Phone Pay
56
Purpose of Tata AIA Life Insurance "Shubh Muhurat"
Wedding
57
Who has launched the 1st indemnity based health insurance?
Sriram finance
58
Which edition of Bima Manthan was recently celebrated by IRDAI?
9th
59
HDFC life + ? To provide HDFC click to protect?
Policy bazaar
60
Which life insurance company partnered with GIC Housing to offer credit life insurance?
Canara
61
Which insurance company has launched SheTara campaign in state of?
Star health insurance Tamil Nadu
62
1st private reinsurance company?
Valueattics
63
Allianz is selling how much stake with Bajaj - Allianz general insurance?
26%
64
Terrorism insurance was launched in?
2002
65
Max time limit set by IRDAI for approving cashless authorisation requests?
1 hour
66
Max time limit set by IRDAI for process of discharging authorisation?
3 hrs | For prompt medical support
67
Who has entered into partnership with Bharti Airtel to create a digital platform for financial services?
Bajaj Finance | For NBFCs
68
In which country Policybazaar launched PB Advantage initiative?
UAE
69
ICICI + ? Launched insurance for Maha Kumbh?
Phone Pe
70
Acc to UN Indian economy is expected to grow by __% in FY 25
6.6%
71
In Bima ASBA by IRDAI, for upi transactions, one time mandate to block how much amt can be authorised?
Rs. 2 Lakh
72
Who has launched HERizon Care?
Bajaj Allianz
73
Rank of GIC in India?
10th | Formed in 1952, GIC nationalised in 1972 GIBNA Section9(A)
74
Insrance penetration is the % of insurance premiums wrt ____ & Inurance density is the ratio of premium to ____
GDP population (per capita premium)
75
Why do banks use SDF? | Standing Deposit Facility
* To avoid counterparty risk * Take advantage of risk free returns * Park surplus liquidity without collateral
76
Main focus of Securis Finance after receiving RBI NBFC license?
Student centric loans
77
Objective of Tarun Yojana by Association of Mutual Funds in India (MFI)?
To integrate financial literacy into school curricula and promote investment education among students
78
SIFs must invest no more than ___% of their NAV in debt & money market securities issued by a single issuer rated ___
20% AAA
79
SIFs can utilise upto ___% exposure in derivatives for non-hedging purposes. They have a max ___ day notice period for redemption
20% 15 days
80
Acc to SEBI, to participate in IPOs, SMEs need?
Min Operatinf Profit (EBITDA) of Rs. 1 crore
81
SEBI Raises FPI Disclosure Threshold to ₹____ cr
Rs. 50,000 crore
82
RBI has proposed banning foreclosure or prepayment charges on loans to small firms up to ₹____ cr
Rs. 7.5 crore
83
Which bank has extended its Utsav FD Scheme under April 30th? | Varying interest rates for 300 day, 375 day & 444 days
IDBI Bank
84
Welspun One Logistics Park from NaBFID is aimed at the development of logistics park in?
JNPA, Mumbai
85
MCLR lending rate is primarily used to determine?
Min. lending rates for banks based on their margin cost of borrowing
86
Square Drive Deposit Scheme with 7.8% interest for senior citizens is by?
BoB
87
In which year did RBI introduce Primary Dealer System license?
1995 | authorised to underwrite & support auctions of govt. securities
88
Key feature of the Loan Against Securities (LAS) product by Jio Finance?
Entire aplication & disbursal system is completed digitally within 10 mins
89
Who has signed a bilateral agreement with India to facilitate rupee-based trade settlements under Special Rupee Vostro Account (SRVA) System?
UAE
90
Primary focus of the Niveshak Didi Initiative Ph 2?
Raising awareness about fraud & digital banking tools
91
UPI 123PAY tagline? it is for? per transaction limit?
*Call Karo Pay Karo* for feature phone users Rs. 10,000
92
UPI lite limit of wallet & transaction?
wallet: Rs. 5000 transaction: Rs. 1000
93
ADB revised India's GDP growth forecast for FY26 to?
6.7% | from 7%
94
PaRRVA framework is by? Fullform is?
SEBI Past Risk & Return Verification Agency | to verify claims of brokers & advisors thru **Credit Rating Agencies**
95
To open an NPS Vatsalya scheme, 1st contribution needs to be?
Rs. 1000 | And multiples of that thereof
96
PRAN cards are a part of which scheme?
NPS Vatsalya | Permanent Retirement Account Number
97
If a bond is removed by issuer before maturity - they are called ____ bonds
Callable Bonds
98
No ownership rights, fixed term, No voting rights, and fixed returns, are features of ____ bonds
Bank Bonds
99
100
Under which section does RBI transfer surplus to central govt
**Section 47** of RBI Act, 1934
101
RBI is exempt from Income & Super tax under? Publication of Bank Rate is mandated under?
* Section 48 * Section 49 of RBI Act 1934
102
Min Asset Value of SM REITs? | Small & Medium REITS
At least Rs. 50 crore | regular Rs. 500 crore

2025 NABARD CA (15 decks)

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