Expected Questions on Non-Banking Financial Company – Peer to Peer (NBFC P2P)

Hello and welcome to exampundit. Since last year P2P lending has been growing rapidly in India which made RBI release the guidelines for Non-Banking Financial Company – Peer to Peer (NBFC P2P) Lending Platforms. Today we are share important Expected Questions on Non-Banking Financial Company – Peer to Peer (NBFC P2P).

Expected Questions on Non-Banking Financial Company - Peer to Peer

Expected Questions on Non-Banking Financial Company – Peer to Peer (NBFC P2P)

  1. What does NBFC-P2P stands for? – Non-Banking Financial Company – Peer to Peer
  2. Every company seeking registration with the Bank as an NBFC-P2P shall have a net owned fund of _______. – Not less than ₹2 crore
  3. According to RBI, every NBFC-P2P shall maintain a Leverage Ratio not exceeding ____. – 2
  4. According to RBI, the aggregate exposure of a lender to all borrowers at any point of time, across all P2Ps, shall be subject to a cap of _____. – ₹ 10,00,000
  5. In NBFC-P2P, the aggregate loans taken by a borrower at any point of time, across all P2Ps, shall be subject to a cap of _____. – ₹ 10,00,000
  6. What is the maximum Lending limit in NBFC-P2P? – ₹ 10,00,000
  7. What is the maximum Borrowing limit in NBFC-P2P? – ₹ 10,00,000
  8. What is the maximum amount a lender can lend to a single borrower in NBFC-P2P? – 50,000
  9. What is the maximum maturity limit of the loans in NBFC-P2P? – 36 Months
  10. Fund transfer between participants on the P2P lending platform will happen through _____. – escrow account mechanisms

Get all the Expected Banking Awareness Questions from here.

Regards

Also Read:  Expected Banking Awareness Questions – Credit Rating & Agencies in India

Team Exampundit