Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: | Stress Scenarios & Monitoring Tools

Q11: In the LCR stress scenario, how are "Downgrade Triggers" and "Collateral Substitution" treated?

A
Downgrade: Assume 1-notch downgrade (50% outflow); Substitution: Ignored.
B
Downgrade: Assume 3-notch downgrade (100% outflow of additional collateral); Substitution: 100% outflow if substitution to non-HQLA is allowed without consent.
C
Downgrade: Assume 2-notch downgrade; Substitution: 20% outflow.
D
Downgrade: Ignored unless on Negative Watch; Substitution: 0% outflow.
✅ Correct Answer: B
A key idea tested in Liquidity Coverage Ratio (LCR) relates to contingent liabilities.
The stress scenario mandates assuming a 3-notch credit rating downgrade, triggering 100 percent outflow of required additional collateral.
Similarly, if collateral substitution to non-HQLA assets is possible without bank consent, it contributes significantly to Net Cash Outflows.