Banking & Finance MCQs - May 2026 Current Affairs

61.

What kind of data is expected to be reported under the enhanced framework by NBFCs?

A Only basic financial statements.

B Detailed information on asset-liability management, credit risk, liquidity, and customer-related data.

C Only data related to their capital adequacy.

D Information solely on their profitability.

62.

Which category of NBFCs is primarily targeted by the enhanced data reporting requirements?

A Only NBFCs with an asset size of ₹500 crore and above.

B All NBFCs, irrespective of their asset size.

C Only NBFCs engaged in microfinance activities.

D Only NBFCs classified as investment and credit companies.

63.

What is the primary reason behind the RBI mandating enhanced data reporting for NBFCs?

A To reduce the regulatory burden on NBFCs.

B To improve the RBI's ability to monitor the NBFC sector and identify systemic risks.

C To allow NBFCs more flexibility in their operations.

D To decrease the capital requirements for NBFCs.

64.

The enhanced framework for stressed asset resolution applies to which types of financial entities?

A Only Scheduled Commercial Banks.

B Scheduled Commercial Banks, All India Financial Institutions (AIFIs), and Non-Banking Financial Companies (NBFCs).

C Only Non-Banking Financial Companies (NBFCs).

D Only All India Financial Institutions (AIFIs).

65.

Which of the following is a key component of the RBI's enhanced framework for stressed asset resolution?

A Mandatory sale of stressed assets to Asset Reconstruction Companies (ARCs).

B Introduction of specific timelines for different resolution strategies.

C Abolition of the Corporate Insolvency Resolution Process (CIRP).

D Reducing the role of the Reserve Bank of India in resolution.

66.

What is the primary aim of the RBI's enhanced framework for the resolution of stressed assets?

A To encourage banks to lend more to stressed sectors.

B To provide a more structured and time-bound approach to resolving bad loans.

C To increase the provisioning requirements for stressed assets.

D To simplify the process of writing off bad loans.

67.

Under the revised norms, what is the minimum risk charge applicable to securitised exposures where the originator retains a first loss facility?

A 100% of the securitised amount.

B 50% of the securitised amount.

C 20% of the securitised amount.

D 10% of the securitised amount.

68.

Which of the following is a key change introduced by the RBI in the prudential norms for securitisation of standard assets?

A Introduction of a floor on the risk weight for securitised exposures.

B Removal of the minimum holding period (MHP) requirement.

C Allowing securitisation of non-performing assets (NPAs).

D Reducing the credit enhancement requirements.

69.

What is the primary objective of the RBI's review of prudential norms for securitisation of standard assets?

A To increase the risk weight assigned to securitised assets.

B To ensure adequate capital is held against securitised exposures.

C To reduce the minimum holding period for securitised assets.

D To allow banks to hold 100% of the securitised pool.

70.

What is the purpose of the 'cooling-off' or 'look-up' period mandated by the RBI's digital lending framework for borrowers?

A To allow borrowers to negotiate a lower interest rate

B To enable borrowers to exit the loan by paying the principal and proportionate APR without penalty

C To facilitate additional credit checks by the Regulated Entity

D To provide time for the Lending Service Provider to verify documents