Question

For cleaning up the balance sheets of banks, RBI conducted Asset Quality Review (AQ

  • R of banks. What is not correct about AQR?
A This is different from Annual Financial Inspection (AFI) of banks.
B AQR resulted in higher provisioning requirement for most of the banks and therefore they reported lower profits.
C Reported Non-Performing Assets (NPAs) of banks increased after the AQR
D AQR was initiated during the tenure of Governor Raghuram Rajan
E AQR was conducted to increases the capital base of banks
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