Question
Which of the following Statements is/are True? I-
PCA is a framework under which banks with weak financial metrics are put under watch by the RBI. II- The RBI introduced the PCA framework in 2002.                         III- It aims to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector.Solution
PCA is a framework under which banks with weak financial metrics are put under watch by the RBI. The RBI introduced the PCA framework in 2002 as a structured early-intervention mechanism for banks that become undercapitalised due to poor asset quality, or vulnerable due to loss of profitability. It aims to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector.
The Tibetan Parliament-in-Exile (TPiE) headquarter is at which city of Himachal Pradesh?
Which of the following is an auxiliary river of the Ganges originates from the high peninsular land?
Which traditional craft in the Godavari region of Andhra Pradesh received the Geographical Indications (GI) tag?
In which year was the Vernacular Press Act enacted in British India?
In which of the following dances from Assam do the movements by the dancers resemble butterflies and birds?
Which 5 countries’ central banks accumulated the most gold during FY 2023-24?
The Provision for securing just and humane conditions of work and for maternity relief has been entrusted in the Indian Constitution as one of the:
In June 2024, the Geological Survey of India (GSI) confirmed the discovery of rare earth elements (REE) in which of the following states?
Sarhul festival tribal festival of which of the following state.
Who appoints the Central Vigilance Commissioner (CVC)?