Banking General Awareness Banking in India Question Bank Practice Questions - Current Developments in Indian Banking

  • question_answer
    Which of the following are the features of RBI's Prompt Corrective Action (PCA) framework revised in April 2017?

    A)  Capital / asset quality and profitability would be the basis on which the banks would be monitored.

    B)  PCA framework will depend upon the audited annual financial results.

    C)  Both [a] and [b]

    D)  None of the above

    Correct Answer: C


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