Question

The Reserve Bank of India has made the implementation of the Risk-Based Internal Audit (RBI

  • A framework compulsory for which of the following institutions?
A All Scheduled Commercial Banks, excluding Regional Rural Banks (RRBs)
B All Scheduled Commercial Banks, including Regional Rural Banks (RRBs)
C Deposit-taking Non-Banking Financial Companies (NBFCs), regardless of size
D Primary Urban Co-operative Banks (UCBs) with asset size of ₹500 crore and above
E Only a, c and d
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