Question
The Assets Liabilities committee (ALCO) in a bank is
primarily responsible for managing which of the following risk?Solution
Asset Liability Committee (ALCO) is established to assist and supervise the ALM (Asset Liability Management) unit. It has the central purpose of attaining goals defined by the short- and long-term strategic plans- •   To ensure adequate liquidity while managing the bank's spread between the interest income and interest expense •   To approve a contingency plan •   To review and approve the liquidity and funds management policy at least annually
Scheduled Banks in India refer to those banks which have been included in the ______ Schedule of Reserve Bank of India Act, 1934.
Which of the following instruments is considered an alternative to cash in the Indian payment system?
In Which year the Imperial Bank of India was formed by the merger of the three Presidency Banks of Madras, Bombay, and Bengal?
Online game streaming and esports content platform, Rooter, has integrated with the _______ to stream curated, high-quality gaming and esports content.
Agri Infinity Program to boost start ups is launched by ______?
What is the projected value of India's bioeconomy by 2030?
According to the IMF World Economic Outlook, what is India's projected nominal GDP for 2025?
Under which act did the Reserve Bank of India (RBI) introduce the 'Marginal Cost of Funds Based Lending Rate' (MCLR) system to determine lending rates?
In March 2022, Which of the following organization has completed 50 years ?
Consider the following statements about Foreign Exchange Reserves:
1. These may include foreign currencies, bonds, treasury bills, and other gove...
