PCA norms allow the regulator to place certain restrictions such as halting branch expansion and stopping dividend payment. ……………………………………………………………. Other corrective action that can be imposed on banks include special audit, restructuring operations and activation of recovery plan. Banks’ promoters can be asked to bring in new management, too. The RBI can also supersede the bank’s Board, under PCA.
On reading the passage carefully it can be seen that the blank requires an option that can provide more information about the restrictions that PCA norms allow regulators to place. Only option b provides this information. Other options are incorrect and irrelevant, contextually.
________ state Menar Bird Village is all set to become a wetland.
The Ministry of Women and Child Development has released a centrally-sponsored scheme_____for the children to secure a healthy and happy childhood for e...
Who is appointed as India’s second chief of Defence Staff?
Insolvency and Bankruptcy Code was implemented through an act of Parliament . It got Presidential assent in which year?
What new regulatory framework did SEBI introduce to redefine market capitalization computation for listed companies?
On the occasion of National Sports day 29th August the Ministry of Sports hosted the ‘Meet the Champion Project’ across ____ schools in the country?...
Lusaka is the capital of which of these countries?
The Pravasi Bharatiya Divas is celebrated on 9th January every year, which edition was celebrated this year?
On what is the principle of Brahmo Samaj based?
____ state government has waived the loan of 14,000 crore rupees of almost 22 lakh farmers in the country?