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.
As per the RTE act 2009, what is the decided ratio of student & teacher?
Which of the following are the characteristics of Tropical Deciduous Forests:
1. The most widespread in India
2. Density of these forests ...
Small stone tools were first discovered in the Vindhya region of India by whom?
Where is the National Horticultural Fair 2024 being held?
Who won the men's elite race in the London Marathon 2023?
Who has been appointed as mentor by Afghanistan cricket team for ICC Men's Cricket World Cup 2023?
When is International Democracy Day celebrated every year?
A scheme named “Darshini” was launched by which of the following states recently?
Which of the following methods can be used to control deficient demand in the economy?
Thanumalayan Temple is dedicated to the Trinity of God, it is located at which place?
Relevant for Exams:
