Which of the following is true with respect to the Risk based supervision (RBS) for banks done by RBI?
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.
Which of the following statements is/are correct?
1. A money bill is introduced only in the Lok Sabha.
2. Under article 249, resolution pa...
Article __ of the Indian Constitution ensures Abolition of Untouchability.
Which of the following parts of Constitution have a bearing on Education?
1. Fundamental Rights
2. Fundamental Duties
3. Directi...
The Quit India Movement was launched in which year?
What is the function of the Preamble to the Indian Constitution?
Which of the following is not correct with reference to National Emergency?
Who are entitled to be paid bonus under the Banking Companies (Acquisition & Transfer of Undertaking) Act, 1980?
Consider the following statements about the Central Zoo Authority:
1. It is a statutory body under the Ministry of Environment, Forest & Climate ...
Which article of the Constitution abolishes Untouchability?
TRIPS is the term associated with