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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.
A strongbox or small chest for holding valuables.
What is the synonym for the word "taciturn"?
Fleet
Choose the word with the correct spelling.
Select the most appropriate synonym of the bold word.
This library was built with donations from the munificent citizens of the city.
...Select the most appropriate antonym of the given word.
DEVOUT
Select the correct SYNONYM of the given word.
celestial
Handwriting that cannot be read
Something that can be very easily broken.