Question
What is the minimum Net NPA requirement for an Urban
Co-operative Bank (UCB) to be classified as Financially Sound and Well Managed (FSWM)? Direction (11 to 13):- Â Read the following information to answer the questions below: Given the heterogeneity in the cooperative sector, a tiered regulatory framework was required to balance the spirit of mutuality and co-operation more prevalent in banks of smaller sizes and those with limited area of operation vis-Ã -vis the growth ambitions of the large-sized Urban Cooperative Banks to spread their area of operation and undertake more complex business activities. The Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks to examine the issues in urban cooperative banking sector and to review regulatory/ supervisory approach for strengthening the sector. Based on the recommendations of the Expert Committee, RBI had released the Revised Regulatory Framework for Urban Co-operative Banks (UCBs) on July 19, 2022. Accordingly, it was decided to adopt a four-tiered regulatory framework, as against the then existing two-tiered framework, for categorization of UCBs. Going forward, this categorization would be used for differentiated regulatory prescriptions aimed at strengthening the financial soundness of the UCBs.Solution
The Reserve Bank of India (RBI) has prescribed a minimum Net NPA requirement of not more than 3% for UCBs to be classified as Financially Sound and Well Managed (FSWM).
Despite China’s objections for Indian investment (A)/ in Vietnam’s oil and gas sector, (B)/ India and Vietnam are looking to scaled up energ...
Find the appropriate ERROR
In the sentences, there is an error. Pick the option containing error as the answer.
P. We lived in very small groups, about 50 people, groups...
In the question below, three sentences are given, each divided into four parts, which may or may not contain grammatical errors. From the options, choos...
The Chairman and the Managing Director Mr Prabhakar attributed the almost flat performance to higher deposit costs, slower credit off take and stressed ...
Farmers organisations has (1)/also been complaining about (2)/scarcity of fertilizers and (3)/increase in its price (4).
In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option...
We are going to launch this three crores project within the next few months.
Looking radiant in all frames, Gita’s video (A)/threw up a pleasant surprise when (B)/ she is shown playing a game of cricket.(C)/ No error (D)
Rama has(A)/ no taste(B)/ in classical music.(C)/ No error(D)
