Banking & Insurance - General, Financial & Banking Awareness

Central Banking, Policies & Regulatory Framework question bank (Banking System & Reserve Bank of India)

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Q1.

Insolvency & Bankruptcy Code 2016: In 'History and Structure of the Indian Banking System & RBI', what is the maximum statutory time limit for completing the Corporate Insolvency Resolution Process (CIRP)?

(A)
330 days (including legal extensions and litigation time) (History and Structure of the Indian Banking System & RBI)
(B)
180 days without any extension
(C)
3 years
(D)
60 days
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Q2.

Basel III Accords: In 'History and Structure of the Indian Banking System & RBI', what minimum Capital to Risk-Weighted Assets Ratio (CRAR) must Indian scheduled commercial banks maintain?

(A)
$9\%$ (plus $2.5\%$ Capital Conservation Buffer = $11.5\%$) (History and Structure of the Indian Banking System & RBI)
(B)
$8\%$ flat
(C)
$15\%$
(D)
$6\%$
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