The RBS was introduced in 2012 on the recommendation of the KC Chakrabarty Committee. It is based on a supervisory analysis of probability of failure of a bank and the likely Impact of its failure on the banking/financial system. RBS system’s objective is to ensure financial stability and customer protection, along with protection of depositors’ interests and ensuring the financial health of individual banks/FI. It involves continuous data analysis, risk control and capital compliance assessment, assessment of probability of failure and impact assessment, supervisory stance and action plan in form of prompt corrective action. Unlike CAMELS approach, which is an evaluation technique for a point in time analysis, RBS is a continuous monitoring mechanism and RBI has shifted monitoring of banks to the RBS system.
The primary mechanism for providing context for data is....................
A ___________ is a sequence of program instructions that perform a specific task, packaged as a unit.
In a computer, a _________ derives machine code from source code.
What is the term for a machine that contacts a server for information?
What process involves converting a message into a secret code to ensure confidentiality?
What is the purpose of a hardware security module (HSM) in cryptography?
A ___________ can be either a hardware device or a software that provides protection from online intrusions.
Which of the following hardware can provide Firewall security?
In the context of cloud computing, what does the acronym "IaaS" stand for?
The file extension of MS-Word document in Office 2007 is_______.
