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2025 NABARD CA > Finance 2 > Flashcards

Finance 2 Flashcards

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
Q

____ launched its MarTech plaform in Feb as a part of its DIVE project

Marketing Technology. Digital Innovation & Value Enhancement proj

A

LIC

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26
Q

Company that has evolved from a payment gateway to a full-stack financial services platform introducing innovations like digital onboarding & UPI

A

RazorPay

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27
Q

1st insurance company to launch IRDAI’s Bima ASBA?

Application Supported by Blocked Amount

A

Bajaj Allianz Life Insurance

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28
Q

____ 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.

A

Certificate of Deposit

Issued by banks, credit unions, brokerage firms

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29
Q

mDigiNext mobile app designed to enhance working capital management, cash flow efficiencies, and ensure faster execution of corporate financial operations, is by?

A

Bank of Baroda

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30
Q

AdvaRisk launches AI-Powered Collateral Management for Banks, NBFCs is backed by?

A

ICICI & Nabard

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31
Q

____ 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

A

MoSPI

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32
Q

Total value of bids received by RBI for its 1st OMO for FY26

A

₹80,800 crore

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33
Q

Bankers recommend that RBI shift from current Weighted Average Call Rate (WACR) to?

A

Secured Overnight Rupee Rate (SORR)

To support smoother monetary transmission and system liquidity

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34
Q

Which bank has partnered with customer capital to launch an exclusive travel & loyalty platform for cardholders?

A

Bank of Maharashtra

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35
Q

Pension Disbursement feature by IDFC FIRST Bank for Central Government pensioners?

A

Joint account for family pension

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36
Q

What new feature did the EPFO introduce regarding bank account seeding?

A

Elimination of employer approval

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37
Q

Primary objective of the CITI - SBI Social Loan Facility launched for India’s small farmers?

A

To provide financial access through KCC

38
Q

Regulatory actions SEBI has introduced to enhance transparency?

A

SEBI-DNVS

A verification system for official documents

39
Q

Acc to Swiss Re India’s insurance market rank is? In 2032?

40
Q

Top 2 insurance markets int he world?

A

USA > China

UK 3rd

41
Q

How many insurers are registered in India with IRDAI?

A

73 (as of 2024)

26 life, 25 general, 8 health, 12 reinsurance

42
Q

IRDAI aims to deploy Bima Vahaks in every Gram Panchayat by?

A

December 31, 2024

43
Q

Bima sugam to be launched by?

A

31 March 2025

44
Q

DICGC established in?

45
Q

Which body banned MF-Insurance combo products?

46
Q

Who implemented NAIS?

A

AIC

National Agri insurance Scheme

47
Q

Crop specific insurance scheme by AIC to protect farmers against damage or loss of coconut palms?

A

Coconut Palm Insurance Scheme (CPIS)

By AIC + Coconut board

48
Q

Under which regulatory framework is IRDAI shifting towards a more risk-sesitive framework?

A

Risk Based Capital Framework

solvency ratio at 150%

49
Q

Why did IRDAI impose a penalty of Rs. 1 cr on Royal Sundaram General Insurance

A

Violating outsourcing standards

failed to report payments exceeding Rs. 1 crore

50
Q

Govt has asked private insurers to inc the free look period for policyholder from?

A

1 month to 1 year

51
Q

Accident insurance for school children launched in which state?

A

Rajasthan
Shiksha sanjeevni bima yojana

52
Q

Which insurance company + KM Dastur Reinsurance (KMD) brokers to launch India’s 1st Air Quality Index based parametric insurance?

A

Go Digit General Insurance

For migrant workers

53
Q

Which state has signed an MoU with NSE to skill youth in Banking, Finance & Insurance?

A

Assam

Uttarakhand, Meghalaya, Chhattisgarh

54
Q

Which company has partnered with Hyundai india insurance to expand motor insurance accessibility?

A

Magma HD General insurance

55
Q

Who has launched insuring heroes campaign on international women’s day?

56
Q

Purpose of Tata AIA Life Insurance “Shubh Muhurat”

57
Q

Who has launched the 1st indemnity based health insurance?

A

Sriram finance

58
Q

Which edition of Bima Manthan was recently celebrated by IRDAI?

59
Q

HDFC life + ? To provide HDFC click to protect?

A

Policy bazaar

60
Q

Which life insurance company partnered with GIC Housing to offer credit life insurance?

61
Q

Which insurance company has launched SheTara campaign in state of?

A

Star health insurance
Tamil Nadu

62
Q

1st private reinsurance company?

A

Valueattics

63
Q

Allianz is selling how much stake with Bajaj - Allianz general insurance?

64
Q

Terrorism insurance was launched in?

65
Q

Max time limit set by IRDAI for approving cashless authorisation requests?

66
Q

Max time limit set by IRDAI for process of discharging authorisation?

A

3 hrs

For prompt medical support

67
Q

Who has entered into partnership with Bharti Airtel to create a digital platform for financial services?

A

Bajaj Finance

For NBFCs

68
Q

In which country Policybazaar launched PB Advantage initiative?

69
Q

ICICI + ? Launched insurance for Maha Kumbh?

70
Q

Acc to UN Indian economy is expected to grow by __% in FY 25

71
Q

In Bima ASBA by IRDAI, for upi transactions, one time mandate to block how much amt can be authorised?

A

Rs. 2 Lakh

72
Q

Who has launched HERizon Care?

A

Bajaj Allianz

73
Q

Rank of GIC in India?

A

10th

Formed in 1952, GIC nationalised in 1972 GIBNA Section9(A)

74
Q

Insrance penetration is the % of insurance premiums wrt ____ & Inurance density is the ratio of premium to ____

A

GDP
population (per capita premium)

75
Q

Why do banks use SDF?

Standing Deposit Facility

A
  • To avoid counterparty risk
  • Take advantage of risk free returns
  • Park surplus liquidity without collateral
76
Q

Main focus of Securis Finance after receiving RBI NBFC license?

A

Student centric loans

77
Q

Objective of Tarun Yojana by Association of Mutual Funds in India (MFI)?

A

To integrate financial literacy into school curricula and promote investment education among students

78
Q

SIFs must invest no more than ___% of their NAV in debt & money market securities issued by a single issuer rated ___

79
Q

SIFs can utilise upto ___% exposure in derivatives for non-hedging purposes. They have a max ___ day notice period for redemption

A

20%
15 days

80
Q

Acc to SEBI, to participate in IPOs, SMEs need?

A

Min Operatinf Profit (EBITDA) of Rs. 1 crore

81
Q

SEBI Raises FPI Disclosure Threshold to ₹____ cr

A

Rs. 50,000 crore

82
Q

RBI has proposed banning foreclosure or prepayment charges on loans to small firms up to ₹____ cr

A

Rs. 7.5 crore

83
Q

Which bank has extended its Utsav FD Scheme under April 30th?

Varying interest rates for 300 day, 375 day & 444 days

84
Q

Welspun One Logistics Park from NaBFID is aimed at the development of logistics park in?

A

JNPA, Mumbai

85
Q

MCLR lending rate is primarily used to determine?

A

Min. lending rates for banks based on their margin cost of borrowing

86
Q

Square Drive Deposit Scheme with 7.8% interest for senior citizens is by?

87
Q

In which year did RBI introduce Primary Dealer System license?

A

1995

authorised to underwrite & support auctions of govt. securities

88
Q

Key feature of the Loan Against Securities (LAS) product by Jio Finance?

A

Entire aplication & disbursal system is completed digitally within 10 mins

89
Q

Who has signed a bilateral agreement with India to facilitate rupee-based trade settlements under Special Rupee Vostro Account (SRVA) System?

90
Q

Primary focus of the Niveshak Didi Initiative Ph 2?

A

Raising awareness about fraud & digital banking tools

91
Q

UPI 123PAY tagline? it is for? per transaction limit?

A

Call Karo Pay Karo
for feature phone users
Rs. 10,000

92
Q

UPI lite limit of wallet & transaction?

A

wallet: Rs. 5000
transaction: Rs. 1000

2025 NABARD CA (13 decks)

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