Question

    Which framework did the RBI introduce to improve weak

    urban cooperative banks (UCBs)?  
    A Supervisory Action Framework Correct Answer Incorrect Answer
    B Prompt Corrective Action Correct Answer Incorrect Answer
    C Structural Adjustment Program Correct Answer Incorrect Answer
    D Basel Accord Correct Answer Incorrect Answer
    E Banking Regulation Act Correct Answer Incorrect Answer

    Solution

    The RBI issued a Prompt Corrective Action (PCA) framework to improve weak urban cooperative banks (UCBs) 

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