Question
For which of the following has the Risk-Based Internal
Audit (RBIA) system been mandated by RBI?Solution
The introduction of Risk-Based Internal Audit (RBIA) system was mandated for all Scheduled Commercial Banks (except Regional Rural Banks. It was decided later to mandate RBIA framework for the following Non-Banking Financial Companies (NBFCs) and Primary (Urban) Co-operative Banks (UCBs): ·        All deposit taking NBFCs, irrespective of their size; ·        All Non-deposit taking NBFCs (including Core Investment Companies) with asset size of ₹5,000 crore and above; and ·        All UCBs having asset size of ₹500 crore and above.
Which benchmark has been mandated by RBI for floating rate loans to retail and MSME borrowers?
Which of the following is not an advantage of formal communication in an organisation?
Which of the following is the correct sequence of steps in the communication process?
With reference to Millets, consider the following statements:
1.   The United Nations General Assembly, in its 75th session during March 2...
Which of the following best describes a general rise in the prices?
What are super normal profits made by companies due to an unprecedented event, as indicated in the para above, known as?
The Prime Minister’s Task Force on MSMEs has set annual lending targets for banks. What is the recommended year-on-year growth in credit and accounts ...
Sale of an inventory of a firm would be classified as a:
In terms of banking capital reserve, Tier II's capital loss absorption capacity is____ that of Tier I capital. Â
As of 2024, which company became the first in the gem and jewellery sector in India to be granted Authorised Economic Operator (AEO) status?
