Question
In which year was the Prompt Corrective Action (PCA)
framework first introduced in India to bring structural improvements to weak banking institutions?Solution
The PCA framework was initially introduced in India in the year 2002 during the tenure of RBI Governor Bimal Jalan, taking cues from the Federal Deposit Insurance Corporation's (FDIC) framework in the US.
The Lorenz curve is used to display which of the following?
Which country’s Capital topped the United Nations Environment Programme's report - Frontiers 2022: Noise, Blazes and Mismatches?
Who has been appointed as the first woman to lead ONGC(Oil and Natural Gas Corporation)?
Which of the following sector workers are known as ‘Blue Collar workers’?
Which type of tax is levied directly on income and wealth?
As per the Economic Survey 2016-17, the expected range of GDP growth (at constant price) for the year 2017-18 is between?
Who is WTO's current Director-General?
The act of stimulating the economy by increasing the money supply or by reducing taxes, seeking to bring the economy back up to the long-term trend, fo...
What does the term "budget set" in economics refer to?
In which market structure does a firm have the autonomy to set prices?
