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
- What is the maximum timing discrepancy allowed under the ‘One Nation, One Time’ initiative using atomic clocks?
- Which country recently conducted a test of a new tactical ballistic missile called Hwasongpho-11 Da-4.5, designed to carry a 4.5-ton weapon?
- According to S&P Global Ratings, what is the projected GDP growth for India by the year 2026?
- What was India’s export value in October 2025?
- What is the value of India's exports to Cuba in the fiscal year 2022-23?
- Mphasis ’ s strategic collaboration with AWS to establish the Gen AI Foundry focuses on leveraging advanced technologies to transform a specific sector . H...
- Under which constitutional provision was the Uniform Civil Code (Amendment) Ordinance, 2026 promulgated in Uttarakhand?
- What is the Gross NPA ratio of scheduled commercial banks (SCBs) at the end of September, and which sector had the lowest GNPA ratio?
- Who has become the 13th player from India to play 100 Test matches in International Cricket?
- What is the name of the Indian Navy’s symposium on meteorology and oceanography held in April 2025?
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)