Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: | HQLA Classifications & Haircuts

Q6: To ensure operational readiness, banks must adhere to specific "Operational Requirements" for their HQLA stock. Which of the following is NOT a valid requirement?

A
The stock must be under the control of the Treasurer (or liquidity function).
B
The bank must periodically monetize a representative proportion of the assets through repo or sale to test market access.
C
Assets in the stock must be unencumbered and not used as hedges on trading positions.
D
If an asset is theoretically liquid but the bank lacks the operational capability to monetize it during stress, it may still be included in the stock.
✅ Correct Answer: D
Understanding this aspect of Liquidity Coverage Ratio (LCR) helps aspirants grasp the practical enforceability of liquidity buffers.
Assets cannot be counted if the bank lacks the operational capability to monetize them during stress.
The RBI Liquidity Framework mandates that assets must be unencumbered, under the control of the Treasurer, and periodically tested for monetization.