MD on Standalone Primary Dealers (SPD)

Question 1

Standalone Primary Dealers are Non-Bank Primary Dealers registered as …………….. with RBI

Answer 1

NBFC

Question 2

SPDs are allowed to borrow from call/notice market, on an average in a ‘reporting fortnight’, up to ………. percent of their NOF as at the end March of the preceding financial year.

Answer 2

225%

Question 3

SPDs may lend up to …. percent of their NOF in call/notice money market, on an average in a ‘reporting fortnight’

Answer 3

25%

Question 4

Inter-Corporate Deposits (ICDs) may be raised by SPDs as per their funding needs. However, the ICD shall not exceed ………..% of NOF as at the end of March of the preceding Financial Year.

Answer 4

150%

Question 5

ICDs accepted by SPD shall be for a minimum period of …………..
But SPD are prohibited from placing funds in ICD market.

Answer 5

one week

Question 6

The ceilings on single /group exposure limit to SPDs shall not be applicable where principal and interest are ………………………..

Answer 6

fully guaranteed by the Government of India

Question 7

While the CCIL has been granted the status of a QCCP by the Bank, the other three CCPs have been granted the status of QCCP by ………….

Answer 7

SEBI

Question 8

SPDs intending to act as market makers in CDS shall fulfill the following criteria?

Answer 8

Minimum NOF of Rs. 500 Cr, Minimum CRAR of 15% and shall have a robust risk management systems

Question 9

SPDs are allowed a sub-limit of …..% of NOF for investment in corporate bonds within the overall permitted average fortnightly limit of 225 per cent of NOF as at the end of March of the preceding financial year for call /notice money market borrowing.

Answer 9

50%