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    Question

    For identification and mitigation of supervisory

    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.

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