Start learning 50% faster. Sign in now
The RBS was introduced in 2012 on the recommendation of the KC Chakrabarty Committee. It is based on a supervisory analysis of probability of failure of a bank and the likely Impact of its failure on the banking/financial system. RBS system’s objective is to ensure financial stability and customer protection, along with protection of depositors’ interests and ensuring the financial health of individual banks/FI. It involves continuous data analysis, risk control and capital compliance assessment, assessment of probability of failure and impact assessment, supervisory stance and action plan in form of prompt corrective action. Unlike CAMELS approach, which is an evaluation technique for a point in time analysis, RBS is a continuous monitoring mechanism and RBI has shifted monitoring of banks to the RBS system.
What is the primary objective of the Open Network for Digital Commerce (ONDC)?
Which of the following components of the Forex Reserves of India forms the smallest part in terms of value ?
What is the characteristic of call money in finance?
Consider the following statement about the Periodic Labour Force Survey (PLFS):
1. It estimates employment and unemployment indicators in both �...
Fill in the Blanks:
_____________ involves changing the interest rate and influencing the money supply. _____________ involves the government ...
Who is the MD & CEO of Central Depository Services ?
Where are the headquarters of UNICEF ?
Under PMUY (1.0 2.0), How many LPG connections have been given ?
Consider the following Statements.
(I) The primary objective of the RBI’s monetary policy is to maintain price stability while keeping in m...
Where are the headquarters of the World Meteorological Organization ?