Banking System, NPA & IBC — Set 4

Repo and Reverse Repo transactions are crucial for RBI's monetary policy operations. In a Repo transaction, what does the bank do?

The Basel III norms are internationally agreed standards for bank capital adequacy. What is the minimum Common Equity Tier 1 (CET1) ratio required?

The Pradhan Mantri Mudra Yojana (PMMY) provides loans to micro and small enterprises without collateral. What is the maximum loan amount under PMMY?

The Deposit Insurance and Credit Guarantee Corporation (DICGC) protects depositors' funds in case of bank failure. What is the maximum coverage per depositor per bank?

The Pradhan Mantri Suraksha Bima Yojana (PMSBY) provides life insurance coverage to workers. What is the annual premium for PMSBY?

The National Small Savings Scheme provides various investment options like NSC, KVP, and SSA. Which scheme offers the highest interest rate?

The RBI's Open Market Operations (OMO) are conducted to manage liquidity in the banking system. Which securities are used in OMO?

The Currency Chest system in India is used for the distribution of currency notes and coins. Who manages these Currency Chests?

The Know Your Customer (KYC) norms are implemented by financial institutions to prevent money laundering. Which regulatory body mandates KYC compliance?

The Anti-Money Laundering (AML) framework in India is based on international standards. Which law forms the basis of AML compliance?