Question
Who has been appointed as the new Governor of the
Reserve Bank of India (RBI) starting December 11, 2024?Solution
Sanjay Malhotra, the current Revenue Secretary at the Ministry of Finance, has been appointed as the new Governor of the Reserve Bank of India (RBI). His tenure will begin on December 11, 2024, and last for three years.
Monetary policy in India is formulated by:
The digital payment system UPI, has been developed by which of the following institutions? Â
The process by which a bank converts the cheques and other instruments deposited by customers into cash is known as:
The ‘CAMELS’ approach is a risk assessment method. What does C stand for in CAMELS?Â
A customer reports unauthorized transactions on their digital banking app. Under RBI’s directions, if the customer informs the bank within 3 days, wha...
The 'Basel III' framework primarily focuses on:
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
In banking, IRAC stands for:
The CAMELS rating system, used for bank supervision, does NOT include the factor:
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
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