Crack Prelims
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Banking & NBFCs

Economy10 of 11 papers20 questions

What UPSC asks

  1. What a lender can doCan Payment Banks lend? Can NBFCs take demand deposits or issue cheques?
  2. Who regulates or picks whomBanks Board Bureau; who regulates each kind of bank
  3. What banking terms meanCapital Adequacy Ratio, Core Banking Solutions, Interest Coverage Ratio
  4. Rural and group creditLead Bank Scheme, DCCBs funding PACS, Self-Help Groups

Asked again and again

Banks Board Bureau20192022Who selects public sector bank heads
Rules for one type of lender20162017202120242026What it may do, who regulates it
What a banking term means2016201720182020Definitions of banking and credit terms
Rural and group credit201920202023Lead Bank Scheme, DCCBs and PACS, SHGs

How to study it

  1. Make one card per bank or body: Payment Bank, UCB, NBFC, RRB, DCCB, BBB.
  2. On each card, note its regulator and what it can and cannot do.
  3. Add what each one is often confused with.

Hardly ever askedMemorising ratio values such as the CAR percentage

Written by AI from this area's own questions; not yet reviewed by a person. Counts come straight from the questions.