Question
The Reserve Bank of India (RB
- I has revised investment norms for commercial banks, making it more rigid as it created a new category namely – fair value through profit and loss (FVTP
- L . Consider the following statements with respect to the information provided- I. From April 1, 2024, banks will classify their entire investment portfolio (except investments in their own subsidiaries, joint ventures and associates) under three categories - held to maturity , available for sale , and fair value through profit and loss . II. Sale of investments from the HTM category in any financial year should not exceed 10 percent of the opening carrying value of the HTM portfolio. III.The banks should create an investment fluctuation reserve (IF
- R until the amount of IFR is at least 2 per cent of the AFS and FVTPL (including HF
- T portfolio, on a continuing basis. Which of the following statements is/are incorrect?
More BeePedia – Current Affairs Questions
- The World Crafts Council International is considering ______ as a potential nominee for World Craft City due to its significant craft clusters.
- According to the indigenous AI development announcement by Sarvam AI, what are the two parameter sizes of the Vikram Large Language Models introduced at th...
- In the Namo Drone Didi Scheme, which committee is responsible for monitoring operations and ensuring the quality of services provided through drones?
- What is the total capacity of the data centers being set up by Adani Group at the Vizag Tech Park in Andhra Pradesh?
- What unique tribute was Shah Rukh Khan honored with by the Grevin Museum in Paris?
- How many metric tons (MT) of pomegranates were shipped in January 2025 to Australia?
- What campaign was launched by the Ministry of Jal Shakti on World Toilet Day 2025?
- Where was the 3rd Indian Analytical Congress (IAC) inaugurated?
- Which one of the following does not comes under market infrastructure institutions (MIIs)?
- The Technology Development Board (TDB) announced financial assistance to M/s Krishigati Pvt. Ltd. for which innovative project?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)