Question

    What is the new category created by the Reserve Bank of

    India (RBI) for commercial banks as part of the revised investment norms?
    A Value through Equity Correct Answer Incorrect Answer
    B Profit and Loss Investment Correct Answer Incorrect Answer
    C Fair Value through Profit and Loss Correct Answer Incorrect Answer
    D Asset and Liability Management Correct Answer Incorrect Answer
    E Reserve and Surplus Allocation Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) has revised investment norms for commercial banks, making it more stringent as it created a new category namely – fair value through profit and loss (FVTPL).

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