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      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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