Bank and financial institutions act 2073 ||BAFIA|| MCQ || NRB AND RBB||

Bank and Financial Institution Act 2073 – BAFIA 2073
Structure Nature – Regulating law
Total section 14
Last formation 2074/01/10 (2074 Baishakh 10)
Objectives if Bank and Financial Institution Act (BAFIA)

To promote public trust towards B&FIs.
To provide quality & reliable banking service.
To protect the right and interest of depositors and investors.
To protect from banking hazards/ and protect from banking risks.
To promote the national economy by using/adopting economic liberalization.
To make legal provision relating to incorporation, management, operation and winding up of B&FIs.

Features of BAFIA

NOTE- Features हरु लेख्दा Provision लाई आधार बनाएर लेख्ने!

BAFIA is an umbrella banking law.
It is integrated banking law/regulating law.
BAFIA focused on financial good governance.
Focused on maintaining financial stability.
Compliance with Money Laundering Prevention Act.
Allow to buyback shares.
Provision to incorporate B&FIs only as a public company.
Use of economic liberalization.
Promotion of transparency and protection of deposits.
It classifies B&FIs into 5 types and 4 classes.
Two types of winding up provisions are outlined – such as Voluntary and Compulsory
Prohibited functions of B&FIs are clearly mentioned.

1)Nepal Rastra Bank Related All Mcq : https://www.youtube.com/watch?v=Fx0aW...
2)Sampati Suddhikarn Niwaran Act 2064 : https://www.youtube.com/watch?v=pEcZo...
3) Rbb most important mcq : https://www.youtube.com/watch?v=ZkuNX...
4) offance and punishement act 2064 offince : https://www.youtube.com/watch?v=lSF2E...
5) know Your customer : https://www.youtube.com/watch?v=cUq4u...
6) सञ्चालक समितिको गठन र काम कर्तब्य र अधिकार : https://www.youtube.com/watch?v=4g8my...
#loksewaguru

#loksewa_guru
#loksewa_tayari _in _Nepal
#loksewa_preparation
#loksewa_iq
#loksewa_nepal
#loksewa_iq_question
#loksewa_gk
#loksewa#tayari
#loksewa_iq_tricks
#loksewa_guide
#loksewa_tayari_class
#loksewa_online_Class
#loksewa_question
#loksewa_aayog_nepal
kharidar_ayari
#nepal_rastra_bank_preparation_class
#nepal_rastra_bank
#lok_sewa_aayog
#loksewa_interview
#loksewa_interview_preparation
#loksewa_ssamanya_gyan

#loksewa_Gk
#loksewa_tayari _in _Nepal
#loksewa_preparation
#loksewa_iq
#loksewa_nepal
#loksewa_iq_question
#loksewa_gk
#loksewa#tayari
#loksewa_iq_tricks
#loksewa_tayari_class
#loksewa_online_Class
#loksewa_question
#loksewa_aayog_nepal
#nepal_rastra_bank_preparation_class
#nepal_rastra_bank
#lok_sewa_aayog
#loksewa_interview
#loksewa_interview_preparation
#loksewa_ssamanya_gyan
#lok_sewa_aayog
#Public_Service_Commission