Banks and NBFCs

If due date of a loan account is March 31, 2022, and full dues are not received before the lending institution runs the day-end process for this date, the date of overdue shall be …..................... If it continues to remain overdue, then this account shall get tagged as SMA-1 upon running day-end process on ..............................

• 31st March 2022 and 30th April 2022 respectively.
• 15th April 2022 and 30th April 2022 respectively.
• 30th April 2022 and 31st May 2022 respectively.
• None of the above

For interest payments in respect of term loans, an account will be classified as NPA if the interest applied at specified rests remains overdue for more than …...... days.

• 30
• 120
• 60
• 90

If the principal or interest payment or any other payment is wholly or partly overdue for more than 30 days and upto 60 days, then it shall be categorised under 'Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances' as

• SMA-0
• SMA-1
• SMA-2
• NPA

Which of the statements about classification of NBFCs into thelayers eg Base Layer, Middle Layer, Upper layer, Top Layer is incorrect.

• Base Layer includes Non-deposit-taking NBFCs below the asset size of ₹1000 crore
• Middle layer includes Non-deposit taking NBFCs with asset size of ₹5000 crore and above
• The top layer includes the top 10 eligible NBFCs in terms of asset size and it will reside in this category irrespective of any other factor.
• NBFC Upper Layer will be moved to Top Layer if the Reserve Bank of India recognizes a substantial increase in the potential systemic risk from specific NBFC in the Upper Layer

For NBFCs-D and NBFCs-ND, which of these indicators are not tracked under PCA Framework for NBFCs.

• Leverage Ratio
• Capital to Risk Weighted Assets Ratio (CRAR)
• Tier I Capital Ratio
• Net NPA Ratio (NNPA)

For the purpose of PCA framework, an NBFC-D and NBFC-ND shall come under the category of Risk Threshold - 3, if the indicator CRAR is more than ….............. bps below the regulatory minimum CRAR.

• Upto 300 bps
• More than 600 bps
• More than 300 bps but upto 600 bps
• None of the above

Under the revised guidelines of Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022, an NBFC that does not qualify as NBFCs-MFIs, cannot extend micro loans exceeding …..% of its total assets.

• 10
• 15
• 20
• 25

The Net Owned Funds (NOF) requirement of NBFC-MFI (Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022 by 31st March 2027 is…...... Crores

• 10
• 15
• 7
• 5

NBFCs with …............ and more branches are mandated to adopt Core Banking Solution.

• 50
• 100
• 10
• 30

The paid up capital of an NBFC is Rs.500 crores, Free Reserves is Rs.600 crores, Investments in Subsidiaries and Group Companies is Rs.150 crores, Subscriptions to debt instruments issued by one of its subsidiary companies is Rs.150 crores, then the Net Owned Funds (NOF) will be

• 910 crores
• 800 crores
• 1100 crores
• 950 crores