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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.
Which of the following Indian sport shooters won the gold medal in the 10 metre air pistol event in 2019?
The Digital Nomad Strategy, for foreign workers is being launched by the country?
With a view to give a boost to the agriculture sector, the government is likely to raise farm credit target to about Rs ___ lakh crore in the Budget 202...
Who was the first Indian woman to become a chess Grandmaster?
In April 2022, which Union Minister launched the environmental awareness mascot 'Prakriti'?
Who among the following has the power to appoint the members of State Information Commission?
Under which scheme does the government offer an interest subvention to promote affordable credit to farmers?
Who was the first president of IOA?
In the last one decade, which one among the following sectors has attracted the highest FDI inflows into India?
The greatest number that exactly divides 536, 1064 and 1928 is
