Question
Scrapping age-old CAMELS based inspection, in 2014, RBI
adopted a new inspection methodology and switched most banks to this. What is the new methodology called?ÂSolution
Risk Based Supervision (RBS) focuses on evaluating both present and future risks, identifying incipient problems and facilitates prompt intervention/ early corrective action as against the compliance-based and transaction testing approach (CAMELS) which is more in the nature of a point in time assessment. RBS benefits the bank supervisor by optimizing its use of supervisory resources and also helps the regulated entities in improving their risk management systems, oversight and controls.
- Identify the INCORRECTLY spelt word in the following sentence and select its correct spelling from the given options.
The committee appreciated her... 1) Decietful
2) Desolate
3) Ingridient
4) Poisonus
In FY24, municipal corporations in India are istimated to generate 50% of their revenue from their own taxes, fees, and user charges.Â
...Meteorologists had previously forecast a historic hurricane season for 2024 based on the expectation that a strong La Niña would emerge this winter. <...
The Parliamentary Standing Committee on Finance, headed by Congress MP Veerappa Moily, was on Tuesday breifed on the impact of demonetisation by the Min...
In the question below, a sentence is given, four words have been highlighted in bold. Find out if the words are appropriate (grammatically and contextu...
- Choose the word that is misspelled:
Choose the correct spelling of the words below.
Choose the correctly spelt word.
1) depraive
2) deprave
3) deprayve
4) deprawve
5) none of these
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