Entrance Exams
Govt. Exams
GST was implemented in India from July 1, 2017 (2017-18 financial year).
Standard assets are performing assets. NPAs include substandard, doubtful, and loss assets.
Basel III requires banks to maintain a minimum CRAR of 10.5% (including capital conservation buffer).
RBI requires Small Finance Banks to maintain a minimum paid-up capital of Rs. 100 crore.
The Retail Direct Scheme enables individuals to open accounts with RBI and purchase government securities directly, reducing intermediation costs.
UPI 2.0 introduced features like offline transaction capability and voice-enabled payments to enhance accessibility and user experience.
The IRDR Framework provides a structured approach for banks to resolve stressed assets and restructure debts to promote financial stability.
Basel III introduced the Capital Conservation Buffer (2.5%) and Countercyclical Buffer to ensure banks maintain capital above minimum levels during good times.
SLR requires banks to maintain a certain percentage of their net demand and time liabilities in the form of liquid assets like government securities.
The RBI targets a Consumer Price Index (CPI) inflation of 4% with a tolerance band of +/- 2%, resulting in a 2-6% target range.