Question

    The key areas to be monitored under the Revised Prompt Correction Action framework of RBI would be:

    A Capital Correct Answer Incorrect Answer
    B Asset Quality Correct Answer Incorrect Answer
    C leverage Correct Answer Incorrect Answer
    D Only a and b Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

         Capital, Asset Quality and Leverage will be the key areas for monitoring in the revised framework of Prompt Correction Action for Scheduled Commercial Banks. Indicators to be tracked for Capital, Asset Quality and Leverage would be CRAR/ Common Equity Tier I Ratio, Net NPA Ratio and Tier I Leverage Ratio  respectively

    Practice Next