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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 31
WA 31
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 31
WA 31
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 30
WA 30
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 30
WA 30
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 29
WA 29
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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 29
WA 29
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 28
WA 28
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 27
WA 27
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 27
WA 27
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 26
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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 26
WA 26
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 24
WA 24
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 22
WA 22
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 21
WA 21
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 20
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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 20
WA 20
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 19
WA 19
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 22
WA 22
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 21
WA 21
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 19
WA 19
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Indian Financial System – An Overview — JAIIB IE-IFS Capsules

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All 20 cards on this page
Types of Financial Systems What are the two basic types of financial systems operating in an economy, and what primarily characteri… Phase IV: Post-GFC What are the major defining initiatives of Phase IV (2010 to present) of the Indian Financial System? Components of Formal System What are the three main components that make up the formal financial system in any economy? Narasimham Committee I (1991) What were the major path-breaking recommendations of the Narasimham Committee I in 1991 regarding bankin… Establishment of RBI Under whose recommendation was the Reserve Bank of India (RBI) set up as the central banking regulator,… 1980 Bank Nationalisation Following the 1969 nationalisation, when did the second wave occur, and what was the deposit criteria fo… First Commercial Banks Which was the first commercial bank set up in India, and what were the three Presidency Banks? 1969 Bank Nationalisation In what year did the Government of India undertake the first major wave of bank nationalisation, and how… Introduction of RRBs In which year were Regional Rural Banks (RRBs) established, and what was their primary objective? Phases of Development The development of the Indian financial system is broadly segmented into how many historical phases? Nachiket Mor Committee Which committee's recommendations led directly to the licencing of differentiated banks like Payments Ba… Prudential & CAR Norms Following the Narasimham Committee I, what key accounting and capital norms were introduced by RBI in 19… Deposit Insurance Increase As a recent measure to protect depositors, what is the current enhanced limit of deposit insurance cover… 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… NaBFID Setup What is the purpose of the newly established National Bank for Financing Infrastructure and Development… Consolidation of PSBs In recent years, to reduce the number of Public Sector Banks and increase their global competitiveness,… Local Area Banks (LABs) In what year were guidelines for setting up Local Area Banks (LABs) issued, and what was their primary r… 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?
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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