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2025 NABARD CA > Finance CA > Flashcards

Finance CA Flashcards

1
Q

Who releases the list of NBFC-UL? How many companies does it have?

Upper Layer (3rd lyr - total 4 layers - based on asset size)

A

RBI
15 companies

UL: subjected to higher regulations for at least 5 yrs. Top layer empty

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2
Q

How many times have the WPI been revised before?

A

7 revisions

current will make it 8

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3
Q

How many members are part of the working group formed to revise the WPI base yr? Who is its chair?

A

18 member
Ramesh Chand

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4
Q

How many total articles are included in WPI? which category has the most?

A

697
Manufacturing highest - 564

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5
Q

Acc to RBI, CICs must alert customers when their ____ is accessed & lenders must update credit bureau records every ____ days

Credit Information Company

A

Credit Information Report
every 15 days

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6
Q

Acc to RBI, if a complaint is not resolved within 30 days from the date filed with a CIC, customers are entitled to a compensation of Rs. ____/____

Credit Information Company

A

Rs. 100 / day

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7
Q

Under which sections of the Banking Regulation Act 1949, are cooperative banks required to prepare their financial statements?

A

Section 29 and 56

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8
Q

Acc to RBI revised guidelines for microfinance activities, distinction between rual & urban areas was ____, while uniform household microfinance loan limit of Rs. ___ was set

A

eliminated
Rs. 3 L

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9
Q

Acc to RBI revised guidelines for microfinance activities, To qualify as NBFC-MFI, institutions must allocate at least ___% of their assets microfinance activities

A

75%

Asset allocation threshold raised to 25%

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10
Q

Registration process for FPIs investing only in ____ to get easier. They need to fulfill KYC requirement by ___ and provide PAN details mandated by ____

A

G-Secs
KYC by RBI
PAN by CBDC

Central Board of Direct Taxes

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11
Q

SEBI proposes ____ for issuance of shares during a stock split

A

Compulsory Demat

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12
Q

Which segment of financial market is impacted by VRR auctions by RBI?

Variable Repo Rate

A

Bond Market

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13
Q

Daily VRR auction to be held by RBI is aimed at?

A

Easing current liquidity tightness in banking system

notified amt of Rs. 50,000 crore

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14
Q

Acc to 1st advance estimates by NSO, India’s real & nomical GDP growth rates for FY 2024-25 are at?

A

Real: 6.4%
Nominal: 9.7%

Real GDP is nominal GDP adjusted for inflation

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15
Q

Payment Systems covered by Payment System Act?

A
  • Credit/Debit Cards
  • NEFT/RTGS
  • ECS Debit/Credit
  • IMPS
  • UPI
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16
Q

When can a Navratna company turn into maharatna

Miniratna -> Mini 1 -> Nav -> Maha

A
  • Annual Turnover: Rs. 25,000 cr
  • Annual Net-worth: Rs. 15,000 cr
  • Annual Net-profit: Rs. 5000 cr

last 3 yrs

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17
Q

Under what conditions is rural agricultural land exempt from capital gains tax in India?

A

Outside municipality limits & meets population criteria

10,000 - 1,00,000 pop, land should be at least 2 km away from municipali

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18
Q

Inflation in 2025 has eased to?

A

4.31%

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19
Q

___% of the population saw no change in income, highest in 11 yrs

A

55%

Acc to RBI’s Consumer Confidence Report

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20
Q

Acc to TRAIs Ammended Telecom Commercial Communications Customer Preference Regulation 2018, telcos are req to accept complaints against up to ____ and act with ____

A

up to a week
Act with 5 days

-P promotional, -S service, -T transactional, -G government

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21
Q

A method of converting public assets into sources of revenue-generation without a change in ownership. To extract value from underutilised public infrastructure.

A

Asset Monetisation

Public admin, govt equity

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22
Q

Income Tax Bill 2025 replaces the term ‘Assessment Year’ with?

A

Tax Year

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23
Q

Who released the inaugural ‘Fiscal Health Index 2025’?

A

NITI Aayog

Throws light on Fiscal health of states

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24
Q

16th FC chairman?

A

Arvind Panagariya

He released Fiscal Health Report by NITI Aayog

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25
Q

Indices of NITI Aayog’s Fiscal Health Index Report?

A
  1. Quality of Expenditure
  2. Revenue Mobilisation
  3. Fiscal Prudence
  4. Debt Index
  5. Debt Sustainability
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26
Q

Top Performers in NITI Aayog’s Fiscal Health Index 2025?

A

Odisha, Chhattisgarh, Goa, Jharkhand

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27
Q

Who releases ‘Navigating Global Financial System Fragmentation’ Report?

A

WEF

Almost 7.5 bn loss to GDP due to fragmentation predicted

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28
Q

RBI Ombudsman scheme sees ___% inc in bank customer complaints

A

32.8%

abt 9.34L mostly in loans, mobile banking, deposits, credit cards

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29
Q

RBIs Integrated ombusman scheme was launched in?

A

2021

Integrating 3 ombudsman scheme

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30
Q

RBI’s Integrated Ombudsman Scheme aims to resolve complaints within?

A

30 days of receiving

no fee

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31
Q

India is a part of Project Nexus, who else part of it?

Facilitates multilateral linkages for faster payments

A

Thailand, Singapore, Malaysia, Philippines

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32
Q

Bank of International Settlements has been conceptualised by?

A

Project Nexus

Thai, Malay, Philippines, Singapore, India

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33
Q

Govt has notified UPS as an option under? effective from?

Unified Pension Scheme

A

NPS
April 2025

for centrl govt employees

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34
Q

Employee and Govt contribution for implementing UPS?

A

Employee: 10%
Govt: 18.5%

increased from 14% to 18.5%

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35
Q

Under UPS, Govt employees with atleast ___ yrs of service will receive a guaranteed pension of 50% of their avg basic pay from the last 12 months before retirement

A

25 yrs

less than 25 but more than 10? assured 10000 pm. 60% on death to fam

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36
Q

CPI-combined is tracked by RBI released by NSO, CPI-IW is released by?

A

Labour Bureau -
Min of Labour & Employment

Tracked for setting dearness allowance in UPS, employees

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37
Q

____ has launched ‘enhanced Certificate of Origin (eCoO) 2.0 for exporters?

For e-generated certificate of origin - req for trade agree countries

A

Directorate General of Foreign Trade (DGFT)

To be submitted at landing port of the importing country

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38
Q

A single access point for all exporters, fot FTA/PTAs countries? The platform has been designed & developed by?

A

eCoO 2.0
DGFT & RMTR Div - MoCI

Regional & Multilateral Trade Division

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39
Q

SEBIs Regulation on MIIs mandate the appointment of an independent external agency for evaluations every ____ yrs starting from 2024-25

Market Infrastructure Institution.

A

every 3 yrs

Committee with experience in securities, with eval report out 1ce in 3yr

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40
Q

Investment & External Commercial Borrowings landscape report is by?

A

SBI

trends in investment announcements, private sector contribution, etc

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41
Q

Acc to SBI, total investments stood at Rs. 32L crore which is ___% higher than last yr

A

39%

of which private accounted for 70% for it

42
Q

Acc to SBI, Net financial savings of househols improved to?

A

5.3% of GDP

43
Q

India & Qatar aim to doubel bilateral trade to $ ___ bn by ____

5yrs - to enhance cooperation

A

$30 bn by 2030

$10 bn investment by Qatar

44
Q

Qatar is the largest supplier of ___& ___ to India about 10MMT & 5 MMT resp

45
Q

Which country 1st introduced a CBDC?

Central Bank Digital Currency

A

Finland

Avant smart card

46
Q

CBDC operated on ___ tech

A

Blockchain technology

Considered a legal tender, only digital

47
Q

Timeline for marking a trading account as inactive, acc to NSE?

A

24 months

12 months

48
Q

Acc to RBI, by which date must banks & ATM operators implement the cassette swap mechanism for ATMs?

A

March 31, 2025

49
Q

National Insurance Awareness Day is on?

50
Q

Acc to RBI, what was the min outstanding amt of NPAs for scrutiny?

A

Rs. 25 Lakh

51
Q

Acc to RBI, Min net worth required for an entity to establish an SRO?

A

Rs. 10 crore

SRO registered under Sec 8 of COmpanies Act 2013

52
Q

GoI holds ___% of LIC

53
Q

Who reported that startups are returning to India after the abolition of Angel Tax?

A

DPIIT, MoCI

54
Q

Which bank has unveiled its AI powered holographic digital avatar of Amitabh Bachchan

A

IDFC First Bank

55
Q

SEBI has expanded the scope of opt T+0 settlement cycle for top ____ stocks

in the equity cash market

A

Top 500

Acc to Stock Exchanges & Clearing Contracts Regulation 2018

56
Q

____ bank has signed an MoU with Commonwealth Bank of Australia to enhance trade & business collab btw the 2 countries

A

ICICI Bank

57
Q

MoF has notified that it has withdrawn Windfall tax which includes?

A

Crude oil, petrol, diesel, Aviation Turbine Fuel

58
Q

Acc to SBIs new ERD report, India’s GDP growth for FY25 is?

A

6.3%

Lower than RBI’s projection of 6.6%

59
Q

____ + Amazon Finance to create innovative credit solutions for customers & merchants

A

L&T Finance

60
Q

Acc to DPIIT, Gross FDI inflow into India since Apr 2000?

61
Q

RBI cancelled whose CoR due to irregular lending practices & breach of RBI guidelines on digital lending in Dec

A

Zavron Finance Pvt Ltd

Maha

62
Q

Which bank has Banccasurance with Bharti AXA?

A

AU Small Finance Bank

63
Q

Which company has launched ‘Sheild’ plan for UPI fraud protection

64
Q

____, a MF Company introduced India’s 1st ETF on capital markets & insurance

Exchange Traded Fund

A

Edelweiss Mutual Fund

A New Fund Offer (NFO) with min subscription of Rs. 5,000

65
Q

SEBI’s new chairman?

A

Tuhin Kanta Pandey

66
Q

SEBI mandated MF companis to reduce the processing time for cancelling SIPs to ___ working days

A

2 working days

from 10 days, thru websites, RTAs, exchanges

67
Q

NPCI announced an extention for impementing the 30% market share cap for UPI providers to?

A

Dec 2026

extended by 2 yrs

68
Q

FOREX includes?

A
  1. RTP
  2. SDR
  3. Gold
  4. Foreign Currency - highest wt

Reserve Tranche Position & SDR by IMF

69
Q

Top 5 country with the largest FOREX reserves?

A

China > Japan > Switzerland > India > Russia

India - 4th position

70
Q

A surplus in current account is offset by a ____ in the capital account

A

deficit

Current + capital = 0

71
Q

GDP + NFIA = ?

Net Factor Income Abroad

A

GNP

Value of Goods & Services produced by citizens of a country + abroad

72
Q

In the long run phillips curve is?

A

Vertical

No relation btw Inflation & unemployment

73
Q

RBI is the lender of the Last Resort, this implies?

A

RBI advances credit against eligible securities to financial institutions

74
Q

RBI mandates to close 3 types of bank accounts:

A

Dormant Accounts, Inactive Accounts & Zero Balance Accounts

75
Q

Dormant Accounts are those that have not seen any transaction activity for?

A

More than 1 yr

76
Q

Inactive accounts are those that have been inactive for?

A

12 months or more

needs to be reactivated

77
Q

Under RBIs Guidelines for FDs with NBFCs and HFCs, depositors can withdraw the entire amt within ___ months without interest, for small deposits upto Rs. _____

A

3 months
Rs. 10,000

78
Q

Under RBIs Guidelines for FDs with NBFCs and HFCs, for large deposits, depositors can withdraw upto ___% of the principle amt or Rs. ___, whichever is lower, within 3 months.

A

50%
Rs. 5 Lakh

79
Q

____, India’s largest supply chain finance platform, received approval from the RBI to operate as a TReDS platform

80
Q

Acc to PHDCCI’s latest report ‘Economic Outlook 2025’, India is set to become the 4th largest economy by ____ suparssing Japan, and will become a $7 trillion economy by ____

A

2026
2030

10 trillion by 2034

81
Q

RBI assigned ____ to head the Monetary Policy dept as a part of portfolio reshuffling

A

M Rajeshwar Rao

82
Q

1st-ever cybersecurity hackathon 2024-25 with the theme ‘code against malware’ is by?

83
Q

As per DPIIT, startup funding has inc significantly from $8 bn to ____

84
Q

IRDAI has decided to clamp down on insurance premium hikes for senior citizens to ___% from prevailing 15-100%

A

Not more than 10%

For non-life and health

85
Q

Max penalty that can be imposed by RBI under the revised Payment & Settlement Systems Act for contraventions & compouding offences?

A

Rs. 10 Lakh

or twice the amt involved - whichever is higher

86
Q

Penalty for continuing violations under new Payment & Settlement Systems Act?

A

Rs. 25,000/day

Till rectified

87
Q

Corporate Insolvency Resolution Process is under which code of RBI?

A

Insolvency & Bankruptcy Code (IBC) 2016

88
Q

Under which section can a financial creditor initiate CIRP against a corporate debtor?

A

Section 7

To maximize value of assets of the corporate debtor & ensure resolution

89
Q

Min CRAR that Tier-2 to 4 UCBs must maintain?

90
Q

Acc to RBI guidelines, Tier 1 UCBs must have a min net worth of Rs. ____ & others of Rs. ____

A

Tier 1 UCBs: Rs. 2 crore
All other UCBs: Rs. 5 crore

91
Q

UCBs which do not meet the min net worth req shall achieve 50% by March ____ & the rest by March ____

A

50% by 2026
rest by 2028

92
Q

Min investment req for bonds? RBI FRSB lock-in period?

Floating Rate Savings Bond

A

Rs. 500
7 yrs

No upper limit

93
Q

For conversion of NBFC -> banks:
Over ___% of assets must be financial.
Over ___% of gross income must come from financial assets.
NBFCs should ass at least ___% of net profit to reserve funds, every yr.
Maintain a min CAR of ___%

A

50%, 50%, 20%
CAR: 10%

Capital Adequacy Ratio - Net NPA not more than 5%

94
Q

Acc to RBI, a lender’s aggregate exposure across all P2P platforms is capped at Rs. ___

A

Rs. 50 Lakh

align with their net worth

95
Q

Min monthly investment, proposed by SEBI, for small-ticket SIPs?

For financial inclusion

96
Q

What is the new limit for collateral-free education loans under SBIs Global Ed-Vantage scheme?

A

Rs. 50 lakh

97
Q

Acc to MoF, GNPA ratio of PSBs dec 14.5% in 2018 to ____ in 2024?

A

3.12%

decadal low

98
Q

___ has launched a UPI payment sol tailored specifically for senior citizens

99
Q

UNICEF and ___ bank collaborate to strengthen climate risk management and community resilience

A

IndusInd Bank

100
Q

___ has partnered with Yes Bank and NPCI to launch Co-branded credit card and UPI app

2025 NABARD CA (13 decks)

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