{"id":243931,"date":"2026-05-14T13:09:15","date_gmt":"2026-05-14T07:39:15","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=243931"},"modified":"2026-05-14T13:20:13","modified_gmt":"2026-05-14T07:50:13","slug":"rbi-march-circulars","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/","title":{"rendered":"Attempt RBI Circulars March 2026 Practice Quiz &amp; Download PDF"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#Download_RBI_Circulars_March_2026_Practice_Quiz_PDF\" >Download RBI Circulars March 2026 Practice Quiz PDF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#Attempt_the_RBI_Circulars_March_2026_Quiz\" >Attempt the RBI Circulars March 2026 Quiz<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#Sign_Up\" >Sign Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#Login\" >Login<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#Forgot_Password\" >Forgot Password<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#i\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#What_topics_are_covered_in_RBI_Circulars_March_2026\" >What topics are covered in RBI Circulars March 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#What_is_capital_market_exposure_limit_under_RBI_circular_2026\" >What is capital market exposure limit under RBI circular 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#How_do_LEI_and_UTI_help_in_financial_market_regulation\" >How do LEI and UTI help in financial market regulation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#What_is_waterfall_mechanism_for_UTI_generation\" >What is waterfall mechanism for UTI generation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#How_does_collateral_haircut_and_bank_exposure_rules_work_in_capital_markets\" >How does collateral, haircut and bank exposure rules work in capital markets?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Every year, RBI circulars feel like a moving target for banking and regulatory exam aspirants. Just when you think you have mastered credit policy or capital market norms, a new direction adds fresh limits, new definitions, and updated compliance rules. The <strong>March 2026 RBI Circulars Practice Quiz<\/strong> is designed to bring clarity to this confusion and help aspirants convert complex regulatory updates into exam-ready concepts. Whether it is <strong>capital market exposure limits, LEI, UTI, collateral norms, or banking guarantees<\/strong>, this quiz-based learning approach helps you revise faster and retain longer.<\/p>\n\n\n\n<p>In this blog, we have provided structured practice papers, simplified explanations, and downloadable PDF access so that you can strengthen your grip on Reserve Bank of India (RBI) circulars in a smart, exam-focused way.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Download_RBI_Circulars_March_2026_Practice_Quiz_PDF\"><\/span>Download RBI Circulars March 2026 Practice Quiz PDF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The RBI Circulars March 2026 Practice Quiz is a revision-based MCQ set prepared from the latest Reserve Bank of India (RBI) circulars, master directions, and updated regulatory guidelines issued during March 2026. <\/p>\n\n\n\n<p>This quiz focuses on important concepts such as capital market exposure limits, LEI and UTI framework, collateral norms, haircut rules, CCP\/ETP mechanisms, and banking exposure restrictions. <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Particulars<\/strong><\/td><td><strong>Link<\/strong><\/td><\/tr><tr><td>RBI April Circular Quiz PDF<\/td><td><a href=\"https:\/\/www.oliveboard.in\/rbi-circulars-practice-quiz-pdf\/?ref=contac-rbi-mcircpq\" target=\"_blank\" rel=\"noreferrer noopener\">Download Free PDF<\/a><\/td><\/tr><tr><td>Check 2026 RBI Circular Details<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/rbi-circulars\/?ref=contac-rbi-mcircpq\" target=\"_blank\" rel=\"noreferrer noopener\">Check Details<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Attempt_the_RBI_Circulars_March_2026_Quiz\"><\/span>Attempt the RBI Circulars March 2026 Quiz<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>RBI circulars are highly important for banking and regulatory examinations because they directly reflect real-time policy changes in the financial system. This March 2026 quiz helps learners strengthen conceptual clarity on topics like direct and indirect exposure limits, OTC transaction tracking, transaction identifiers for the upcoming exams.<\/p>\n\n\n\n<!DOCTYPE html>\n<html lang=\"en\">\n<head>\n<meta charset=\"UTF-8\">\n<link rel=\"stylesheet\" href=\"https:\/\/courses.oliveboard.in\/edge\/css\/login-modal-for-blog.css\">\n\n<style>\n#quiz-1-sticky-header {\n  position: sticky;\n  top: 0;\n  z-index: 100;\n  background: #1565c0;\n  color: #fff;\n  padding: 12px 20px;\n  border-radius: 10px 10px 0 0;\n  display: flex;\n  justify-content: space-between;\n  align-items: center;\n  font-size: 16px;\n  font-weight: bold;\n  box-shadow: 0 2px 8px rgba(0,0,0,0.2);\n  margin: -20px -20px 20px -20px;\n}\n\n#quiz-1-score-badge {\n  background: rgba(255,255,255,0.2);\n  padding: 4px 12px;\n  border-radius: 20px;\n  font-size: 15px;\n  white-space: nowrap;\n}\n#quiz-1 * { box-sizing: border-box; }\n\n#quiz-1 .quiz-container {\n  max-width: 700px;\n  margin: auto;\n  padding: 20px;\n  background: #fff;\n  border-radius: 14px;\n  box-shadow: 0 6px 16px rgba(0,0,0,0.12);\n}\n\n#quiz-1 h2 {\n  text-align: center;\n}\n\n#quiz-1 .question {\n  margin-bottom: 22px;\n}\n\n#quiz-1 .question p {\n  font-weight: bold;\n}\n\n#quiz-1 button {\n  width: 100%;\n  padding: 12px;\n  margin: 6px 0;\n  border: none;\n  border-radius: 6px;\n  background: #e0e0e0;\n  color: #000;\n  font-size: 16px;\n  cursor: pointer;\n}\n\n#quiz-1 button:hover {\n  background: #d5d5d5;\n}\n\n#quiz-1 button.correct {\n  background: #4caf50;\n  color: #000;\n}\n\n#quiz-1 button.wrong {\n  background: #f44336;\n  color: #000;\n}\n\n#quiz-1 button.locked {\n  pointer-events: none;\n}\n\n\/* SUMMARY *\/\n#quiz-1 .final-summary {\n  margin-top: 40px;\n  padding: 20px;\n  border-radius: 14px;\n  background: #fafafa;\n  border: 2px solid #4caf50;\n}\n\n#quiz-1 .final-summary h3 {\n  text-align: center;\n  margin-bottom: 20px;\n}\n\n#quiz-1 .summary-row {\n  display: grid;\n  grid-template-columns: 120px 1fr 40px;\n  gap: 10px;\n  align-items: center;\n  margin-bottom: 12px;\n  font-weight: bold;\n}\n\n#quiz-1 .summary-bar {\n  height: 14px;\n  background: #ddd;\n  border-radius: 10px;\n  overflow: hidden;\n}\n\n#quiz-1 .bar-fill {\n  height: 100%;\n  width: 0%;\n}\n\n#quiz-1 .bar-attempted { background: #2196f3; }\n#quiz-1 .bar-correct { background: #4caf50; }\n#quiz-1 .bar-wrong { background: #f44336; }\n#quiz-1 .bar-unattempted { background: #9e9e9e; width: 100%; }\n\n#quiz-1 .final-score {\n  text-align: center;\n  font-size: 22px;\n  margin-top: 20px;\n}\n\n#quiz-1 .score-value {\n  font-size: 30px;\n  margin-left: 8px;\n}\n<\/style>\n<\/head>\n\n<body>\n<div id=\"quiz-1\">\n  <div class=\"quiz-container\">\n<div id=\"quiz-1-sticky-header\">\n  <span> RBI Circulars Practice Quiz<\/span>\n  <span id=\"quiz-1-score-badge\">Score: <strong id=\"quiz-1-score-value\">0.00<\/strong><\/span>\n<\/div>\n\n    <!-- QUESTIONS -->\n\n<div class=\"question\" data-answered=\"false\">\n  <p>1. Under the RBI 2026 circular, what is the formula for Adjusted Profit After Tax (APAT) used in dividend eligibility calculation for banks?<\/p>\n  <button data-correct=\"false\">PAT minus 25% of Gross NPA<\/button>\n  <button data-correct=\"false\">PAT minus 100% of Net NPA<\/button>\n  <button data-correct=\"true\">PAT minus 50% of Net NPA<\/button>\n  <button data-correct=\"false\">PAT minus 50% of Gross NPA<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>2. A bank has a CET1 ratio of 13.5%. According to the RBI 2026 dividend payout slabs, what is the maximum percentage of APAT it can distribute as dividend?<\/p>\n  <button data-correct=\"false\">30% of APAT<\/button>\n  <button data-correct=\"true\">40% of APAT<\/button>\n  <button data-correct=\"false\">50% of APAT<\/button>\n  <button data-correct=\"false\">60% of APAT<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>3. Which of the following items is explicitly EXCLUDED from profit calculation for dividend declaration purposes under RBI 2026 circulars?<\/p>\n  <button data-correct=\"true\">Gains from sale of Level 3 financial instruments<\/button>\n  <button data-correct=\"false\">Interest income from advances<\/button>\n  <button data-correct=\"false\">Fee-based income from trade finance<\/button>\n  <button data-correct=\"false\">Dividend income from subsidiaries<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>4. Under RBI 2026 NBFC prudential norms, which of the following is a condition for inclusion of quarterly profit in &#8216;owned funds&#8217;?<\/p>\n  <button data-correct=\"false\">Board resolution certified by the MD &#038; CEO<\/button>\n  <button data-correct=\"false\">RBI&#8217;s prior written approval is mandatory<\/button>\n  <button data-correct=\"false\">Only annual profits reviewed by an internal auditor can be included<\/button>\n  <button data-correct=\"true\">The quarterly financials must be reviewed or audited by the statutory auditor<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>5. An NBFC reports quarterly profit of \u20b9500 crore. The average dividend paid over the last 3 years is \u20b9200 crore annually. What is the adjusted quarterly profit eligible for inclusion in owned funds under RBI 2026 norms?<\/p>\n  <button data-correct=\"false\">\u20b9400 crore<\/button>\n  <button data-correct=\"false\">\u20b9450 crore<\/button>\n  <button data-correct=\"true\">\u20b9500 crore<\/button>\n  <button data-correct=\"false\">\u20b9300 crore<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>6. What is the maximum dividend payout limit set by RBI 2026 norms as a percentage of Profit After Tax (PAT), irrespective of the CET1 ratio?<\/p>\n  <button data-correct=\"false\">100% of PAT<\/button>\n  <button data-correct=\"true\">75% of PAT<\/button>\n  <button data-correct=\"false\">50% of PAT<\/button>\n  <button data-correct=\"false\">60% of PAT<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>7. A Right of Use (ROU) asset arising from lease accounting under RBI 2026 circular norms \u2014 how is it treated in the calculation of &#8216;owned funds&#8217; for NBFCs?<\/p>\n  <button data-correct=\"false\">Fully deducted from owned funds as an intangible asset<\/button>\n  <button data-correct=\"false\">50% deducted from owned funds<\/button>\n  <button data-correct=\"true\">It is NOT deducted from owned funds<\/button>\n  <button data-correct=\"false\">Deducted only if the lease term exceeds 5 years<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>8. Under RBI 2026 concentration risk norms for NBFCs, what document must an NBFC obtain before using newly added capital for computing exposure limits?<\/p>\n  <button data-correct=\"true\">Certificate from an external (statutory) auditor<\/button>\n  <button data-correct=\"false\">Board resolution certified by the MD &#038; CEO<\/button>\n  <button data-correct=\"false\">Certificate from the internal audit department<\/button>\n  <button data-correct=\"false\">NOC from the Department of Financial Services<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>9. Which of the following financial institutions are covered under the uniformly applied quarterly profit inclusion norms introduced in the RBI 2026 circulars?<\/p>\n  <button data-correct=\"false\">Only scheduled commercial banks and NBFCs<\/button>\n  <button data-correct=\"false\">HFCs, CICs, ARCs, Mortgage Guarantee Companies, and Standalone Primary Dealers<\/button>\n  <button data-correct=\"false\">Only Housing Finance Companies and Core Investment Companies<\/button>\n  <button data-correct=\"true\">Only Asset Reconstruction Companies and NBFCs-D<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>10. A bank has PAT of \u20b910,000 crore and Net NPA of \u20b9200 crore. Calculate the APAT and the maximum dividend permissible if CET1 is 15.5%.<\/p>\n  <button data-correct=\"true\">APAT = \u20b99,900 crore; Max Dividend = \u20b94,950 crore<\/button>\n  <button data-correct=\"false\">APAT = \u20b99,800 crore; Max Dividend = \u20b94,900 crore<\/button>\n  <button data-correct=\"false\">APAT = \u20b99,900 crore; Max Dividend = \u20b95,940 crore<\/button>\n  <button data-correct=\"false\">APAT = \u20b99,900 crore; Max Dividend = \u20b97,425 crore<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>11. Under RBI 2026 norms, what is the treatment of &#8216;excess provision reversal&#8217; in the computation of APAT for dividend declaration?<\/p>\n  <button data-correct=\"true\">It is excluded and requires regulatory approval before inclusion<\/button>\n  <button data-correct=\"false\">It is fully included in PAT for dividend purposes<\/button>\n  <button data-correct=\"false\">It is included only if certified by external auditor<\/button>\n  <button data-correct=\"false\">It is treated as extraordinary income and included at 50%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>12. Bank ABC has a CET1 ratio of 7.5%. What is its dividend payout capacity under the RBI 2026 CET1-based dividend slabs?<\/p>\n  <button data-correct=\"false\">10% of APAT<\/button>\n  <button data-correct=\"false\">20% of APAT<\/button>\n  <button data-correct=\"true\">0% \u2014 no dividend allowed<\/button>\n  <button data-correct=\"false\">15% of APAT<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>13. Which of the following best describes the purpose of introducing the &#8216;Adjusted Profit After Tax (APAT)&#8217; concept in RBI 2026 dividend norms?<\/p>\n  <button data-correct=\"false\">To increase the dividend capacity of well-performing banks<\/button>\n  <button data-correct=\"true\">To restrict dividend distribution when asset quality is weak and NPAs are high<\/button>\n  <button data-correct=\"false\">To replace PAT as the sole indicator of bank profitability<\/button>\n  <button data-correct=\"false\">To include unrealised gains from treasury operations in dividend base<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>14. Under RBI 2026, which category of income is NOT to be included in profit calculation for dividend purposes?<\/p>\n  <button data-correct=\"false\">Interest income from government securities<\/button>\n  <button data-correct=\"false\">Commission income from LC\/BG operations<\/button>\n  <button data-correct=\"false\">Recovery from written-off accounts<\/button>\n  <button data-correct=\"true\">Unrealised gains from financial instruments<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>15. A Domestic Systemically Important Bank (DSIB) must maintain which of the following additional capital requirements beyond normal CET1 norms under RBI 2026 regulations?<\/p>\n  <button data-correct=\"false\">Only the Capital Conservation Buffer of 2.5%<\/button>\n  <button data-correct=\"false\">A flat minimum CET1 of 12% with no additional buffers<\/button>\n  <button data-correct=\"false\">A Countercyclical Capital Buffer of 1% only<\/button>\n  <button data-correct=\"true\">Base CET1 of 8% plus Capital Conservation Buffer of 2.5% plus an additional DSIB-specific buffer<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>16. Under the RBI 2026 NBFC amendment, how should current year losses be treated before adding quarterly profit to owned funds?<\/p>\n  <button data-correct=\"false\">Losses can be carried forward and adjusted over 5 years<\/button>\n  <button data-correct=\"false\">Losses must be fully deducted from owned funds immediately before profit addition<\/button>\n  <button data-correct=\"true\">Losses are adjusted only at year-end during annual audit<\/button>\n  <button data-correct=\"false\">Losses below 10% of owned funds can be ignored<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>17. What was the key change in the treatment of &#8216;free reserves&#8217; under the RBI 2026 NBFC capital adequacy amendment compared to the old rule?<\/p>\n  <button data-correct=\"false\">Free reserves were completely removed from owned funds<\/button>\n  <button data-correct=\"true\">Free reserves inclusion was expanded with specific conditions attached<\/button>\n  <button data-correct=\"false\">Free reserves are now treated as Tier 2 capital only<\/button>\n  <button data-correct=\"false\">Free reserves are now subject to a 50% haircut before inclusion<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>18. A foreign bank branch in India wishes to remit profits to its head office. Under RBI 2026 rules, which of the following conditions must be met?<\/p>\n  <button data-correct=\"true\">Accounts must be audited, profit earned from normal banking operations, and regulatory eligibility norms met<\/button>\n  <button data-correct=\"false\">RBI&#8217;s prior approval is always mandatory for any remittance<\/button>\n  <button data-correct=\"false\">Only profits up to \u20b9500 crore can be remitted without RBI approval<\/button>\n  <button data-correct=\"false\">Foreign banks must first convert profits into USD before remittance<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>19. What happens if a foreign bank branch remits excess profit to its head office under RBI 2026 norms?<\/p>\n  <button data-correct=\"false\">The excess is adjusted in the next year&#8217;s remittance<\/button>\n  <button data-correct=\"false\">The bank is penalised with a fine equal to the excess remitted<\/button>\n  <button data-correct=\"false\">The excess is treated as a capital contribution from the head office<\/button>\n  <button data-correct=\"true\">The excess amount must be returned immediately<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>20. Under RBI 2026 dividend norms, which of the following regulatory conditions must a bank satisfy before declaring any dividend?<\/p>\n  <button data-correct=\"false\">Positive PAT, CET1 above 8%, no adverse auditor opinion, no RBI restrictions<\/button>\n  <button data-correct=\"false\">Board approval and Finance Ministry clearance<\/button>\n  <button data-correct=\"true\">Positive APAT, minimum CAR compliance, no adverse auditor opinion, no RBI restrictions, and future capital plan unaffected<\/button>\n  <button data-correct=\"false\">Only positive PAT and compliance with CRR\/SLR requirements<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>21. Case Study: XYZ Bank has the following financials for FY 2025-26: PAT = \u20b98,000 crore; Net NPA = \u20b9400 crore; CET1 ratio = 16.5%. The Board wants to declare maximum dividend. What is the maximum permissible dividend amount?  Given information: (i) PAT = \u20b98,000 crore (ii) Net NPA = \u20b9400 crore (iii) CET1 ratio = 16.5% (iv) CET1 slab 16%\u201317% allows 60% of APAT (v) 75% PAT cap applies<\/p>\n  <button data-correct=\"true\">\u20b94,680 crore<\/button>\n  <button data-correct=\"false\">\u20b94,800 crore<\/button>\n  <button data-correct=\"false\">\u20b96,000 crore<\/button>\n  <button data-correct=\"false\">\u20b95,040 crore<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>22. Under RBI 2026, which of the following correctly explains why a bank&#8217;s Board must review NPA divergence before declaring dividend?<\/p>\n  <button data-correct=\"false\">CRR calculation and monetary policy transmission<\/button>\n  <button data-correct=\"true\">Understated NPAs may overstate APAT and dividend capacity<\/button>\n  <button data-correct=\"false\">SEBI listing regulations compliance<\/button>\n  <button data-correct=\"false\">Only relevant for DSIB banks<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>23. Which of the following is the primary objective of the RBI 2026 concentration risk management amendment requiring an external auditor certificate for capital additions in NBFCs?<\/p>\n  <button data-correct=\"false\">Allow immediate lending expansion<\/button>\n  <button data-correct=\"false\">Replace internal risk management departments<\/button>\n  <button data-correct=\"true\">Prevent misuse of newly added capital for exposure expansion without verification<\/button>\n  <button data-correct=\"false\">Bypass RBI supervision for small capital additions<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>24. Under RBI 2026 norms, which authority must receive the external auditor certificate related to concentration risk capital additions in NBFCs?<\/p>\n  <button data-correct=\"false\">Ministry of Finance, Government of India<\/button>\n  <button data-correct=\"false\">SEBI<\/button>\n  <button data-correct=\"false\">NABARD<\/button>\n  <button data-correct=\"true\">RBI&#8217;s Department of Supervision<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>25. Under RBI 2026 dividend norms, unrealised gains from which category of financial instruments are explicitly excluded from dividend calculation?<\/p>\n  <button data-correct=\"true\">Level 3 instruments (unobservable, model-based valuation)<\/button>\n  <button data-correct=\"false\">Level 1 instruments (exchange-traded, market-priced)<\/button>\n  <button data-correct=\"false\">Level 2 instruments (observable market inputs)<\/button>\n  <button data-correct=\"false\">All categories of financial instruments<\/button>\n<\/div>\n\n    <!-- FINAL SUMMARY -->\n    <div class=\"final-summary\">\n      <h3>Quiz Summary <\/h3>\n\n      <div class=\"summary-row\">\n        <span>Attempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-attempted\" data-summary=\"attempted\"><\/div><\/div>\n        <span data-count=\"attempted\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Correct<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-correct\" data-summary=\"correct\"><\/div><\/div>\n        <span data-count=\"correct\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Wrong<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-wrong\" data-summary=\"wrong\"><\/div><\/div>\n        <span data-count=\"wrong\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Unattempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-unattempted\" data-summary=\"unattempted\"><\/div><\/div>\n        <span data-count=\"unattempted\">0<\/span>\n      <\/div>\n\n      <div class=\"final-score\">\n        Final Score: <span class=\"score-value\" data-score>0.0<\/span>\n      <\/div>\n    <\/div>\n\n  <\/div>\n<\/div>\n<div class=\"modal modal-obls\" id=\"modal-signup\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group1\">\n            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Opens in new tab<\/span><\/div><\/div><\/div><iframe src=\"https:\/\/accounts.google.com\/gsi\/button?type=standard&amp;is_fedcm_supported=true&amp;client_id=506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com&amp;iframe_id=gsi_437400_306436&amp;cas=pwXumGxyCMNtIbjaV30qchi2A1vUar%2Faz%2FOE5HQ%2B0Zc\" class=\"L5Fo6c-PQbLGe\" allow=\"identity-credentials-get\" id=\"gsi_437400_306436\" title=\"Sign in with Google Button\" style=\"display: block; position: relative; top: 0px; left: 0px; height: 0px; width: 0px; border: 0px;\"><\/iframe><\/div><\/div>\n\n\n                   <\/div>\n                    <p class=\"obls-footer\">New to Oliveboard?<button class=\"btn btn-xs btn-switch-obls\" id=\"btn-show-modal-signup\">Register<\/button><\/p>\n               <\/div> \n            <\/div> \n            <div class=\"success-msg-group\" id=\"success-msg-group\"><!-- success msg -->\n                <div class=\"success-msg-blk\" id=\"success-msg-blk\">\n                    <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/success-ellipse.svg\" alt=\"\"><\/span>\n                    <h2 id=\"fpwd-success-msg-title\"><span class=\"ez-toc-section\" id=\"i\"><\/span>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                    <p id=\"fpwd-success-msg-text\">&nbsp;<\/p>\n                    <div class=\"login-btn\">\n                        <button type=\"button\" class=\"btn btn-md btn-tblue modal-obls-close\">Ok<\/button>\n                    <\/div>\n\n                <\/div>\n            <\/div><!-- success msg -->\n\n        <\/div>\n        <button class=\"modal-close is-large modal-obls-close\" aria-label=\"close\"><\/button>\n    <\/div>\n\n<script src=\"https:\/\/s3-ap-southeast-1.amazonaws.com\/sg2.oliveboard.in\/static\/js\/jquery.js\"><\/script>\n\n<script>\nvar boxurl = window.location.href + '?log=1';\n\nfunction getUrlParam(name, defaultValue) {\n    const params = new URLSearchParams(window.location.search);\n    return params.has(name) ? params.get(name) : defaultValue;\n}\n\nvar l_log = getUrlParam('log', 0);\n<\/script>\n<script src=\"https:\/\/www.oliveboard.in\/js\/coursecommon.js?v=12\"><\/script>\n\n\n<script>\n(() => {\n  const quizContainer = document.getElementById('quiz-1');\n  const STORAGE_KEY = 'quiz_1_state';\n  let score = 0;\n  let attempted = 0;\n  let correct = 0;\n  let wrong = 0;\n\n  const questions = quizContainer.querySelectorAll(\".question\");\n  const total = questions.length;\n\n  function loadState() {\n    try { return JSON.parse(sessionStorage.getItem(STORAGE_KEY) || '{}'); }\n    catch { return {}; }\n  }\n\n  function saveState(data) {\n    sessionStorage.setItem(STORAGE_KEY, JSON.stringify(data));\n  }\n\n  function updateUI() {\n    const unattempted = total - attempted;\n    quizContainer.querySelector('[data-count=\"attempted\"]').textContent = attempted;\n    quizContainer.querySelector('[data-count=\"correct\"]').textContent = correct;\n    quizContainer.querySelector('[data-count=\"wrong\"]').textContent = wrong;\n    quizContainer.querySelector('[data-count=\"unattempted\"]').textContent = unattempted;\n    quizContainer.querySelector('[data-summary=\"attempted\"]').style.width = (attempted \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"correct\"]').style.width = (correct \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"wrong\"]').style.width = (wrong \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"unattempted\"]').style.width = (unattempted \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-score]').textContent = score.toFixed(2);\n\n    \/\/ Live score update in sticky header\n    document.getElementById('quiz-1-score-value').textContent = score.toFixed(2);\n  }\n\n  function restoreQuestion(q, chosenIndex, wasCorrect) {\n    q.dataset.answered = \"true\";\n    const buttons = q.querySelectorAll(\"button\");\n    buttons.forEach(b => b.classList.add(\"locked\"));\n    if (wasCorrect) {\n      buttons[chosenIndex].classList.add(\"correct\");\n    } else {\n      buttons[chosenIndex].classList.add(\"wrong\");\n      q.querySelector(\"[data-correct='true']\").classList.add(\"correct\");\n    }\n  }\n\n  \/\/ Restore saved answers on page load\n  const savedAnswers = loadState();\nquestions.forEach((q, qIndex) => {\n    const saved = savedAnswers[qIndex];\n    if (saved !== undefined) {\n      attempted++;\n      if (saved.correct) { correct++; }\n      else { wrong++; }\n      restoreQuestion(q, saved.chosenIndex, saved.correct);\n    }\n  });\n  score = parseFloat((correct * 1 - wrong * 0.25).toFixed(2));\n  updateUI();\n\n  \/\/ Attach click handlers\n  questions.forEach((q, qIndex) => {\n    q.querySelectorAll(\"button\").forEach((btn, btnIndex) => {\n      btn.addEventListener(\"click\", () => {\n        if (q.dataset.answered === \"true\") return;\n        q.dataset.answered = \"true\";\n        attempted++;\n\n        if (attempted > 13 && l_log == 0) {\n          $('#modal-signup').addClass('is-active');\n        }\n\n        q.querySelectorAll(\"button\").forEach(b => b.classList.add(\"locked\"));\n        const isCorrect = btn.dataset.correct === \"true\";\n\n if (isCorrect) {\n          btn.classList.add(\"correct\");\n          correct++;\n        } else {\n          btn.classList.add(\"wrong\");\n          wrong++;\n          q.querySelector(\"[data-correct='true']\").classList.add(\"correct\");\n        }\n        score = parseFloat((correct * 1 - wrong * 0.25).toFixed(2));\n\n        savedAnswers[qIndex] = { chosenIndex: btnIndex, correct: isCorrect };\n        saveState(savedAnswers);\n        updateUI();\n      });\n    });\n  });\n\n  updateUI();\n})();\n<\/script>\n\n<\/body>\n<\/html>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/rbi-grade-b-mock-test\/?ref=contac-rbi-mcircpq\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Attempt RBI Grade B Mock Test<\/strong><\/a><\/div>\n<\/div>\n\n\n<figure class=\"wp-block-embed wp-embed-aspect-16-9 wp-has-aspect-ratio  is-type-video is-provider-youtube wp-block-embed-youtube\"><div class=\"wp-block-embed__wrapper video-seo-youtube-embed-wrapper\"><div class=\"video-seo-youtube-player\" data-id=\"o5ALhClG_84\"><\/div><\/div><\/figure>\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-topics-are-covered-in-rbi-circulars-march-2026\"><span class=\"ez-toc-section\" id=\"What_topics_are_covered_in_RBI_Circulars_March_2026\"><\/span>What topics are covered in RBI Circulars March 2026?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The March 2026 RBI circulars include a mix of capital market regulation, banking exposure rules, and financial market infrastructure updates. These circulars are important because they define how banks and financial institutions interact with markets in a controlled and risk-managed environment. Most importantly, these updates regulate how banks invest, lend, and participate in capital markets, ensuring systemic stability and transparency in the financial system. <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Topic<\/strong><\/td><td><strong>Key Concept<\/strong><\/td><\/tr><tr><td>Capital Market Exposure<\/td><td>40% total limit of eligible capital base<\/td><\/tr><tr><td>Direct Exposure<\/td><td>Maximum 20% of capital base<\/td><\/tr><tr><td>Acquisition Finance<\/td><td>20% within overall exposure<\/td><\/tr><tr><td>LEI (Legal Entity Identifier)<\/td><td>20-character global entity code<\/td><\/tr><tr><td>UTI (Unique Transaction Identifier)<\/td><td>Tracks OTC derivative transactions<\/td><\/tr><tr><td>Collateral norms<\/td><td>50% requirement with 25% cash<\/td><\/tr><tr><td>Haircut on equity<\/td><td>40% reduction in collateral value<\/td><\/tr><tr><td>Central Counterparty (CCP)<\/td><td>Intermediary in financial transactions<\/td><\/tr><tr><td>Electronic Trading Platform (ETP)<\/td><td>Digital trading system<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-grade-b-fm-practice-quiz\/?ref=contac-rbi-mcircpq\" target=\"_blank\" rel=\"noreferrer noopener\">Take A Free RBI Grade B FM Practice Quiz<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-capital-market-exposure-limit-under-rbi-circular-2026\"><span class=\"ez-toc-section\" id=\"What_is_capital_market_exposure_limit_under_RBI_circular_2026\"><\/span>What is capital market exposure limit under RBI circular 2026?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Capital market exposure refers to the total exposure a bank has in equity, securities, or financial instruments either directly or indirectly. According to the RBI capital market exposure guidelines 2026, banks must strictly control their exposure to reduce systemic risk.<\/p>\n\n\n\n<p>The total capital market exposure cannot exceed 40% of eligible capital base. Within this, direct exposure is capped at 20%, while the remaining exposure can be indirect. This ensures that banks do not over-invest in volatile markets.<\/p>\n\n\n\n<p>These rules are part of RBI\u2019s broader risk management framework to protect the financial system from shocks and speculative bubbles.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Type of Exposure<\/strong><\/td><td><strong>Limit<\/strong><\/td><td><strong>Meaning<\/strong><\/td><\/tr><tr><td>Total Capital Market Exposure<\/td><td>40%<\/td><td>Overall exposure cap<\/td><\/tr><tr><td>Direct Exposure<\/td><td>20%<\/td><td>Direct investment in capital markets<\/td><\/tr><tr><td>Indirect Exposure<\/td><td>Remaining portion<\/td><td>Lending to entities investing in markets<\/td><\/tr><tr><td>Acquisition Finance<\/td><td>20%<\/td><td>Finance for acquisitions within exposure<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/rbi-grade-b\/?ref=contac-rbi-mcircpq\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Explore RBI Grade B Courses<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-do-lei-and-uti-help-in-financial-market-regulation\"><span class=\"ez-toc-section\" id=\"How_do_LEI_and_UTI_help_in_financial_market_regulation\"><\/span>How do LEI and UTI help in financial market regulation?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>Legal Entity Identifier (LEI)<\/strong> and <strong>Unique Transaction Identifier (UTI)<\/strong> are global systems introduced to improve transparency in financial markets. These identifiers help regulators like RBI track who is trading and what is being traded.<\/p>\n\n\n\n<p>The LEI is a 20-character code that identifies legal entities participating in financial transactions. It ensures that every bank, company, or institution can be uniquely identified across global markets.<\/p>\n\n\n\n<p>The UTI, on the other hand, is assigned to each OTC derivative transaction and helps track the lifecycle of a trade from start to end.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>LEI<\/strong><\/td><td><strong>UTI<\/strong><\/td><\/tr><tr><td>Full Form<\/td><td>Legal Entity Identifier<\/td><td>Unique Transaction Identifier<\/td><\/tr><tr><td>Purpose<\/td><td>Identifies entity<\/td><td>Identifies transaction<\/td><\/tr><tr><td>Scope<\/td><td>All OTC markets<\/td><td>OTC derivatives only<\/td><\/tr><tr><td>Format<\/td><td>20-character code<\/td><td>52-character transaction code<\/td><\/tr><tr><td>Validity<\/td><td>Entity lifetime<\/td><td>Transaction lifecycle<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/free-quizzes-for-regulatory-exams\/?ref=contac-rbi-mcircpq\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt Free Quiz for Regulatory Exams<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-waterfall-mechanism-for-uti-generation\"><span class=\"ez-toc-section\" id=\"What_is_waterfall_mechanism_for_UTI_generation\"><\/span>What is waterfall mechanism for UTI generation?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The waterfall mechanism defines the order of responsibility for generating the UTI in a financial transaction. This ensures that every transaction is properly tracked without duplication or confusion.<\/p>\n\n\n\n<p>The system follows a priority structure starting from central counterparties to trading platforms and finally to the regulatory clearing system.<\/p>\n\n\n\n<p>In India, institutions like <strong>Clearing Corporation of India Limited (CCIL)<\/strong> play a major role when no other party generates the UTI.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Priority<\/strong><\/td><td><strong>Responsible Entity<\/strong><\/td><\/tr><tr><td>1st<\/td><td>Central Counterparty (CCP)<\/td><\/tr><tr><td>2nd<\/td><td>Electronic Trading Platform (ETP)<\/td><\/tr><tr><td>3rd<\/td><td>Counterparties (A or B)<\/td><\/tr><tr><td>4th<\/td><td>CCIL<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-grade-b-esi-practice-quiz\/?ref=contac-rbi-mcircpq\" target=\"_blank\" rel=\"noreferrer noopener\">Take A Free RBI Grade B ESI Practice Quiz<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-collateral-haircut-and-bank-exposure-rules-work-in-capital-markets\"><span class=\"ez-toc-section\" id=\"How_does_collateral_haircut_and_bank_exposure_rules_work_in_capital_markets\"><\/span>How does collateral, haircut and bank exposure rules work in capital markets?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Collateral and haircut rules are critical in managing risk when banks lend against securities or participate in capital markets. RBI has strict guidelines to ensure that banks remain protected from market volatility.<\/p>\n\n\n\n<p>When equity shares are given as collateral, banks apply a haircut of 40%, meaning only 60% of the value is considered for lending purposes. This protects banks from sudden market crashes.<\/p>\n\n\n\n<p>Additionally, for guarantees provided by banks, at least 50% collateral is required, and 25% of it must be in cash.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Rule<\/strong><\/td><td><strong>Requirement<\/strong><\/td><\/tr><tr><td>Minimum collateral<\/td><td>50% for guarantees<\/td><\/tr><tr><td>Cash component<\/td><td>25% of collateral<\/td><\/tr><tr><td>Equity haircut<\/td><td>40% deduction<\/td><\/tr><tr><td>Security coverage<\/td><td>Mostly 100% secured lending<\/td><\/tr><tr><td>Risk buffer<\/td><td>Market volatility protection<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1778743857705\"><strong class=\"schema-faq-question\">1. What is the RBI Circulars March 2026 Practice Quiz?<\/strong> <p class=\"schema-faq-answer\">It is a revision tool based on latest RBI regulatory updates to help in exam preparation.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1778743858820\"><strong class=\"schema-faq-question\">2. Why is the RBI circular quiz important for exams?<\/strong> <p class=\"schema-faq-answer\">It helps in understanding factual RBI rules, limits, and banking regulations asked in MCQs.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1778743859749\"><strong class=\"schema-faq-question\">3. What is capital market exposure as per RBI?<\/strong> <p class=\"schema-faq-answer\">It is the total bank exposure in capital markets through direct and indirect investments.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1778743860420\"><strong class=\"schema-faq-question\">4. What is the total capital market exposure limit?<\/strong> <p class=\"schema-faq-answer\">Banks cannot exceed 40% of their eligible capital base.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1778743860984\"><strong class=\"schema-faq-question\">5. What is direct exposure limit in RBI rules?<\/strong> <p class=\"schema-faq-answer\">Direct capital market exposure is capped at 20% of eligible capital base.<\/p> <\/div> <\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-circulars\/\">RBI Circulars 2026, Attempt Quiz and Download RBI Circulars PDFs<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/\">Attempt RBI Circulars March 2026 Practice Quiz &amp; Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-april-circulars\/\">Attempt RBI Circulars April 2026 Practice Quiz and Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/important-reports-for-rbi-grade-b-2026\/\">Important Reports for RBI Grade B 2026, Downloadable PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-grade-b-selection-process\/\">RBI Grade B Selection Process 2026, Know About Phase 1, 2 &amp; Interview<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/global-risks-report\/\">Global Risks Report Explained, Check PDF &amp; Highlights<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Every year, RBI circulars feel like a moving target for banking and regulatory exam aspirants. Just when you think you<\/p>\n","protected":false},"author":58,"featured_media":243937,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10247],"tags":[],"class_list":["post-243931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rbi-sebi-nabard","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Attempt RBI Circulars March 2026 Practice Quiz &amp; Download PDF<\/title>\n<meta name=\"description\" content=\"Check out the details of the RBI March 2026 circulars, attempt questions based on them, and download the free PDF.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Attempt RBI Circulars March 2026 Practice Quiz &amp; Download PDF\" \/>\n<meta property=\"og:description\" content=\"Every year, RBI circulars feel like a moving target for banking and regulatory exam aspirants. Just when you think you have mastered credit policy or\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/\" \/>\n<meta property=\"og:site_name\" content=\"Oliveboard\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Oliveboard\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-14T07:39:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-14T07:50:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/05\/RBI-1-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"AditiOB\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:site\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"AditiOB\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/\"},\"author\":{\"name\":\"AditiOB\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/0cbc4ac8555ced346681804861de062c\"},\"headline\":\"Attempt RBI Circulars March 2026 Practice Quiz &amp; Download PDF\",\"datePublished\":\"2026-05-14T07:39:15+00:00\",\"dateModified\":\"2026-05-14T07:50:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/\"},\"wordCount\":2318,\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/05\/RBI-1-1.webp\",\"articleSection\":[\"Regulatory Exams\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/\",\"name\":\"Attempt RBI Circulars March 2026 Practice Quiz & Download PDF\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/05\/RBI-1-1.webp\",\"datePublished\":\"2026-05-14T07:39:15+00:00\",\"dateModified\":\"2026-05-14T07:50:13+00:00\",\"description\":\"Check out the details of the RBI March 2026 circulars, attempt questions based on them, and download the free PDF.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#faq-question-1778743857705\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#faq-question-1778743858820\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#faq-question-1778743859749\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#faq-question-1778743860420\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#faq-question-1778743860984\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#primaryimage\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/05\/RBI-1-1.webp\",\"contentUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/05\/RBI-1-1.webp\",\"width\":730,\"height\":480},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Regulatory Exams\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/category\/rbi-sebi-nabard\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"RBI Circulars March 2026\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/\",\"name\":\"Oliveboard\",\"description\":\"Free Govt. 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I work as a Content Writer at Oliveboard, where I have been simplifying exam-related content for the past 4 years. I create clear and easy-to-understand guides for JAIIB, CAIIB, and UGC exams. My work includes breaking down notifications, admit cards, and exam updates, as well as preparing study plans and subject-wise strategies. My goal is to support working professionals in managing their exam preparation alongside a full-time job and to help them achieve career growth.\",\"sameAs\":[\"www.linkedin.com\/in\/aditi-chakraborty-131b3b379\"]},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#faq-question-1778743857705\",\"position\":1,\"url\":\"https:\/\/www.oliveboard.in\/blog\/rbi-march-circulars\/#faq-question-1778743857705\",\"name\":\"1. 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