For identification and mitigation of supervisory

Q: Answer-For identification and mitigation of supervisory concerns, RBI uses RBS. What is RBS?

Risk-Based Supervision RBS is gradually becoming the dominant approach to regulatory supervision of financial institutions around the world. It is a comprehensive, formally structured system that assesses risks within the financial system, giving priority to the resolution of those risks.

concerns, RBI uses RBS. What is RBS?

A 1) Retail Banking Software Correct Answer Incorrect Answer

B 2) Risk Based Supervision Correct Answer Incorrect Answer

C 3) Repayment Based Supervision Correct Answer Incorrect Answer

D 4) Rule Based Supervision Correct Answer Incorrect Answer

E 5) Regulatory Returns Based System Correct Answer Incorrect Answer

Solution

Risk-Based Supervision (RBS) is gradually becoming the dominant approach to regulatory supervision of financial institutions around the world. It is a comprehensive, formally structured system that assesses risks within the financial system, giving priority to the resolution of those risks.

Practice Next

Relevant for Exams:

RBI Grade B

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question