Question
RBI introduced the Prompt Corrective Action (PCA)
framework in ___________.Solution
Prompt Corrective Action (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 undercapitalized 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.
Vicarious liability is:
According to regulation 32(2) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, who certifies that a partici...
A makes an attempt to steal some jewels by breaking open a box, and finds after so opening the box, that there is no jewel in it.
Private person may arrest any person who in his presence commits ?
Who can commute the sentence of death for any other punishment provided by IPC?
Under the Legal Service Authorities Act for the transfer of the shares of each Indian insurance company to, and vesting in, the Central Government, ther...
The period of limitation for a suit for damages on account of malicious prosecution is:
Whoever threatens another with any injury to his person, reputation or property with intent to cause alarm to that person, or to cause that person to do...
What is the defense of "contributory negligence" in tort law?
Which of the following is not true about the working of NGT?
