Question
Which of the following should head the Credit Control
Committee?Solution
Each bank should constitute a high level Credit Policy Committee, also called Credit Risk Management Committee or Credit Control Committee etc. to deal with issues relating to credit policy and procedures and to analyse, manage and control credit risk on a bank wide basis. The Committee should be headed by the Chairman/CEO/ED , and should comprise heads of Credit Department, Treasury, Credit Risk Management Department (CRMD) and the Chief Economist.
The Rashtrakuta king who conquered the Cholas was:
- With which state is Kathakali dance associated?
Agnes Keleti, 103 year old dies on 2nd January 2025 she was the world oldest Olympic Gold medalist she hailed from which country?
- The federal structure and concept of residuary powers in India's Constitution were primarily influenced by which country's constitutional model?
Recently, the Prime Minister of India inaugurated the first oil palm processing mill under Mission Palm Oil in which state?
- Which prominent figure was among the early leaders of the Prarthana Samaj movement?
According to the Fraser Institute’s Economic Freedom of the World report, which country regained its title as the freest economy in the world?
What type of connective tissue joins muscles to bones?
When is National Voters Day celebrated every year?
What change has the Insurance Regulatory and Development Authority of India (IRDAI) made regarding the arbitration clause in general insurance?
