Question
Consider the following statements with respect to the
changed D-SIB designation methodology by the Reserve Bank of India-Â I.The Reserve Bank of India has revised the methodology for designating a bank as a Domestic Systemically Important Bank (D-SIB) by incorporating digital payments, value as well as volumes, under the substitutability indicator in the assessment. II.The data requirement under this sub-indicator stands revised from 'Payments made in INR using RTGS and NEFT systems' to the total value of Digital Payments made in Rupees (85 percent weightage) and total volume of Digital Payments made in Rupees (15 per cent weightage). III.The digital payments include all payments including paper-based instruments. Which of the following statements is/are true ?Solution
The Reserve Bank of India has revised the methodology for designating a bank as a Domestic Systemically Important Bank (D-SIB) by incorporating digital payments, value as well as volumes, under the substitutability indicator in the assessment. The data requirement under this sub-indicator stands revised from 'Payments made in INR using RTGS and NEFT systems' to the total value of Digital Payments made in Rupees (75 per cent weightage) and total volume of Digital Payments made in Rupees (25 per cent weightage). The digital payments include all payments other than paper-based instruments.
With reference to the North Atlantic Treaty Organization (NATO), consider the following statements:
I.NATO is a political and military alliance.<...
Consider the following statements regarding One District One Product initiative:
I.The concept of ODOP was first launched by the Uttar Pradesh go...
Consider the following statements regarding ‘employment elasticity’:
1. It is a measure of the percent change in employment associated with a...
SMERA Limited, a popular body in the financial world, is a full service?
Consider the following statement about MUDRA Yojana:
1. Shishu Loan: Loans of up to Rs fifty thousand.
2. Kishore Loan: Loans ranging from...
With reference to the Securities and Exchange Board of India (SEBI), consider the following statements:
1. The SEBI was originally constituted as...
Which government agency in India is responsible for enforcing the provisions of PMLA?
International Labour Organization's Conventions 138 and 182 are related to?
Which of the following best describes the term ‘import cover’, sometimes seen in the news?
The Organisation for Economic Co-operation and Development is an intergovernmental organization founded in 1961 to stimulate economic progress and world...