Question
The subprime lending meltdown in 2008 made the banks and
regulators realize the importance of liquidity risk management in banks. Which of the following institution provides a framework to deal with this risk?Solution
Under the aegis of Bank for International Settlements (BIS), a voluntary committee known as the Basel Committee on Banking Supervision (BCBS) was established in 1974 that provides a forum forĀ regular cooperation on banking supervisory matters with a goal to ensure financial stability and common standards of banking regulation. The committee released the BASEL III norms in response to the subprime crisis that led to liquidity risk in banks across the globe. The committee also provides framework for various risks in banks like credit risk, market risk, funding risk, operational risk, etc.
Which one of the following was one of the Presidency Banks?
Which of the following Bank was not nationalized in the First Phase of Nationalization of Banks?
IFSC Code contains how many characters that facilitate fund transfer in any part of the country?
Which of the following is true about the Debit Card of theĀ Banks?
I. By Automated Teller Machine customers can deposit or withdraw money fro...
The Reserve Bank of India was set up on the basis of the recommendations of the ________ Commission.
What is āNon-Interest Incomeā of banks?
National Electronic Fund Transfer scheme of RBI was earlier known as:Ā
Under which Act, Banking ombudsman has been constituted?
When was the Banking Regulation Act passed?
Lack of access to financial services is technically known as:
