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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-2

  • question_answer
    In order to seek more security in home loans, RBI has pegged the risk weight at _______ for a loan-to- value of less than or equal to 80 per cent under the lowest slab.

    A)  5 per cent

    B)  15 per cent

    C)  25 per cent

    D)  35 per cent

    E)  45 per cent

    Correct Answer: D

    Solution :

     To encourage banks to seek more collateral for giving home loans, the RBI on 8 October 2015 prescribed lower risk, weights where the borrower brings higher contribution. This is expected to free up capital for banks to give more loans. This move comes at a time when interest rates are coming down and competition to push home loans is increasing. Further, borrowers could have a tendency to borrow more.
    ? The central bank has rejigged the slabs in the individual loan category up to Rs. 30 lakh (against Rs. 20 lakh earlier); above Rs. 30 lakh and up to Rs. 75 lakh (Rs. 20 lakh and up to Rs. 75 lakh); and above 4 Rs. 75 lakh (unchanged).
    ? Under the lowest slab (up to Rs. 30 lakh), the central bank has pegged the risk weight at 35 per cent for a loan-to-value (the amount of loan given as percentage of the value of the house) of less than or equal to 80 per cent.


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