Govt Exams
PMMY aims to provide collateral-free loans to micro and small enterprises through banks, supporting the growth of small businesses and self-employment.
Percentage point change = 42% - 35% = 7 percentage points (not a 7% increase, but an increase of 7 percentage points)
Basel III framework requires banks to maintain a minimum Liquidity Coverage Ratio of 100% to ensure they have sufficient high-quality liquid assets.
Simple Interest = (P × R × T) / 100 = (400000 × 9 × 5) / 100 = ₹1,80,000
As per RBI's latest monetary policy, the CRR for scheduled commercial banks is maintained at 4.0% of their net demand and time liabilities.
Markdown refers to the reduction in the price of a security when a dealer sells it to a customer, representing the dealer's profit margin.
Lower CIR indicates better operational efficiency as the bank is spending less to generate each unit of income. A decrease from 52% to 48% shows improvement.
Percentage increase = [(15000 - 8000) / 8000] × 100 = (7000/8000) × 100 = 87.5%
The DICGC deposit insurance limit was increased to ₹5,00,000 per depositor per bank effective from May 2021 and continues in 2024-2025.
Gross NPA = Total Advances × NPA% = 800000 × 2.5% = 800000 × 0.025 = ₹20,000 crores