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IE-IFS Capsule Cards PRO Indian Financial System –…
What are the three main components that make up the formal financial system in any economy?
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Components of Formal System
Indian Financial System – An Overview 55
WA 55
IE-IFS Capsule Cards PRO Indian Financial System –…
Under whose recommendation was the Reserve Bank of India (RBI) set up as the central banking regulator, and in what year?
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Establishment of RBI
Indian Financial System – An Overview 52
WA 52
IE-IFS Capsule Cards PRO Indian Financial System –…
What were the major path-breaking recommendations of the Narasimham Committee I in 1991 regarding banking structure and preemptions?
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Narasimham Committee I (1991)
Indian Financial System – An Overview 50
WA 50
IE-IFS Capsule Cards PRO Indian Financial System –…
What are the two basic types of financial systems operating in an economy, and what primarily characterizes the informal sector?
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Types of Financial Systems
Indian Financial System – An Overview 48
WA 48
IE-IFS Capsule Cards PRO Indian Financial System –…
Following the 1969 nationalisation, when did the second wave occur, and what was the deposit criteria for the banks targeted?
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1980 Bank Nationalisation
Indian Financial System – An Overview 47
WA 47
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IE-IFS Capsule Cards PRO Indian Financial System –…
What are the major defining initiatives of Phase IV (2010 to present) of the Indian Financial System?
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Phase IV: Post-GFC
Indian Financial System – An Overview 47
WA 47
IE-IFS Capsule Cards PRO Indian Financial System –…
Which was the first commercial bank set up in India, and what were the three Presidency Banks?
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First Commercial Banks
Indian Financial System – An Overview 46
WA 46
IE-IFS Capsule Cards PRO Indian Financial System –…
In which year were Regional Rural Banks (RRBs) established, and what was their primary objective?
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Introduction of RRBs
Indian Financial System – An Overview 44
WA 44
IE-IFS Capsule Cards PRO Indian Financial System –…
Following the Narasimham Committee I, what key accounting and capital norms were introduced by RBI in 1992?
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Prudential & CAR Norms
Indian Financial System – An Overview 42
WA 42
IE-IFS Capsule Cards PRO Indian Financial System –…
Which committee's recommendations led directly to the licencing of differentiated banks like Payments Banks and Small Finance Banks?
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Nachiket Mor Committee
Indian Financial System – An Overview 42
WA 42
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IE-IFS Capsule Cards PRO Indian Financial System –…
The development of the Indian financial system is broadly segmented into how many historical phases?
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Phases of Development
Indian Financial System – An Overview 41
WA 41
IE-IFS Capsule Cards PRO Indian Financial System –…
In what year did the Government of India undertake the first major wave of bank nationalisation, and how many banks were involved?
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1969 Bank Nationalisation
Indian Financial System – An Overview 41
WA 41
IE-IFS Capsule Cards PRO Indian Financial System –…
As a recent measure to protect depositors, what is the current enhanced limit of deposit insurance cover provided per customer?
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Deposit Insurance Increase
Indian Financial System – An Overview 37
WA 37
IE-IFS Capsule Cards PRO Indian Financial System –…
What is the purpose of the newly established National Bank for Financing Infrastructure and Development (NaBFID)?
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NaBFID Setup
Indian Financial System – An Overview 37
WA 37
IE-IFS Capsule Cards PRO Indian Financial System –…
What was the mandate of the Narasimham Committee II (1998), and what was its key recommendation regarding weak banks?
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Narasimham Committee II (1998)
Indian Financial System – An Overview 34
WA 34
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IE-IFS Capsule Cards PRO Indian Financial System –…
What is the role of the National Asset Reconstruction Co. Ltd (NARCL) set up during the recent phase of financial development?
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NARCL (Bad Bank)
Indian Financial System – An Overview 33
WA 33
IE-IFS Capsule Cards PRO Indian Financial System –…
In recent years, to reduce the number of Public Sector Banks and increase their global competitiveness, how many PSBs currently remain?
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Consolidation of PSBs
Indian Financial System – An Overview 31
WA 31
IE-IFS Capsule Cards PRO Indian Financial System –…
What does 'EASE' stand for in the context of recent Public Sector Bank reforms?
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EASE Agenda
Indian Financial System – An Overview 44
WA 44
IE-IFS Capsule Cards PRO Indian Financial System –…
What was the primary mandate of the P J Nayak Committee set up by RBI in 2014?
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P J Nayak Committee
Indian Financial System – An Overview 35
WA 35
IE-IFS Capsule Cards PRO Indian Financial System –…
In what year were guidelines for setting up Local Area Banks (LABs) issued, and what was their primary role?
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Local Area Banks (LABs)
Indian Financial System – An Overview 33
WA 33
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Indian Financial System – An Overview — JAIIB IE-IFS Capsules

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All 20 cards on this page
Components of Formal System What are the three main components that make up the formal financial system in any economy? Establishment of RBI Under whose recommendation was the Reserve Bank of India (RBI) set up as the central banking regulator,… Narasimham Committee I (1991) What were the major path-breaking recommendations of the Narasimham Committee I in 1991 regarding bankin… Types of Financial Systems What are the two basic types of financial systems operating in an economy, and what primarily characteri… 1980 Bank Nationalisation Following the 1969 nationalisation, when did the second wave occur, and what was the deposit criteria fo… Phase IV: Post-GFC What are the major defining initiatives of Phase IV (2010 to present) of the Indian Financial System? First Commercial Banks Which was the first commercial bank set up in India, and what were the three Presidency Banks? Introduction of RRBs In which year were Regional Rural Banks (RRBs) established, and what was their primary objective? Prudential & CAR Norms Following the Narasimham Committee I, what key accounting and capital norms were introduced by RBI in 19… Nachiket Mor Committee Which committee's recommendations led directly to the licencing of differentiated banks like Payments Ba… Phases of Development The development of the Indian financial system is broadly segmented into how many historical phases? 1969 Bank Nationalisation In what year did the Government of India undertake the first major wave of bank nationalisation, and how… Deposit Insurance Increase As a recent measure to protect depositors, what is the current enhanced limit of deposit insurance cover… NaBFID Setup What is the purpose of the newly established National Bank for Financing Infrastructure and Development… Narasimham Committee II (1998) What was the mandate of the Narasimham Committee II (1998), and what was its key recommendation regardin… NARCL (Bad Bank) What is the role of the National Asset Reconstruction Co. Ltd (NARCL) set up during the recent phase of… Consolidation of PSBs In recent years, to reduce the number of Public Sector Banks and increase their global competitiveness,… EASE Agenda What does 'EASE' stand for in the context of recent Public Sector Bank reforms? P J Nayak Committee What was the primary mandate of the P J Nayak Committee set up by RBI in 2014? Local Area Banks (LABs) In what year were guidelines for setting up Local Area Banks (LABs) issued, and what was their primary r…
Chapters in this paper
Micro Finance Institutions Non-Banking Financial Companies (NBFCs) Fixed Income Markets – Debt and Bond Markets Interconnectedness of Markets and Market Dynamics Merchant Banking Services Foreign Exchange Markets (IE-IFS) Factoring, Forfaiting and Trade Receivables Discounting System (TReDS) Venture Capital Lease Finance and Hire Purchase Credit Rating and Credit Scoring Pension Products Para Banking and Financial Services Provided by Banks Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) An Overview of Indian Economy Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies Indian Financial System – An Overview
Modules in IE-IFS
MODULE A: Indian Economic Architecture MODULE B: Economic Concepts Related to Banking MODULE C: Indian Financial Architecture MODULE D: Financial Products & Services
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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