Question

span >Which is incorrect about the recent NPA Ordinance by the Central Government?

A RBI is authorised to direct banks to tackle NPA problems by intervening directly
B RBI can appoint an oversight committee to tackle NPA problems
C RBI’s intervention will increase the fear of vigilance enquiries and second guessing on commercial decisions taken in good faith.
D The ordinance is passed because NPAs have increased in Indian banking system
E All above are correct
Practice Next

Hey! Ask a query

🎓
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)