Question
Which of the following is/are correct? Please select the
appropriate option. i. Â Â When RBI expects that prices of commodities are increasing, as a monetary measure RBI may cut the CRR or Repo rate ii. Â When there is excess volatility in the foreign exchange market, RBI will keep its forex reserve intact iii. Â RBI started Asset Quality Review (AQR) because high exposure to structured derivative including Credit Default Swap increased stressed assets of banksSolution
1.  In case of price rise (high inflation) RBI increases CRR or repo which will decrease money supply and tame inflation. 2.   In case of volatility in forex market, RBI intervene and depending on the sale/purchase that will increase of decrease forex reserves 3.   RBI initiated the Asset Quality Review of banks in the second half of 2015 because about 1/6th of the public sector banks’ gross advances are stressed (non-performing, restructured or written-off), and a significant majority of these are in fact non-performing assets (NPAs). This estimate of stressed assets has doubled from 2013 in terms of what had been recognized by banks. The stressed assets are mostly comprised of loans to businesses sectors such as infrastructure, power, telecom, metals (iron and steel, in particular), engineering-procurement-construction (EPC), and textiles.
The Reserve Bank of India (RBI) has raised the upper limit of an offline payment transaction to ________ from the existing Rs 200 to promote the use of ...
- What is the primary function of SEBI’s newly launched MITRA platform?
- Which Latin American country became the first to exit China’s Belt and Road Initiative (BRI)?
Which of the following statement/statements is/are INCORRECT regarding the India-Qatar LNG deal renewal?
1. India signed a USD 78 billion deal to...
What position did D. Gukesh reach on the points table after his win over Magnus Carlsen in Norway Chess 2025?
National Immunization Day is observed every year on?
Who has been elected as the Chairman of the Audit Bureau of Circulations (ABC) for the year 2023-2024?
Which of the following statements is/are not correct in regards to the AMRIT DHAROHAR scheme?
1.   It will be implemented over the next 5 yea...
 Which of the following folk dances of India is associated with the state of Assam?
What was the theme of National Voters’ Day this year?