Reserve Bank of India (RBI) has constituted a panel on economic capital framework, which will be headed by uline{1cm}

2018

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Reserve Bank of India (RBI) has constituted a panel on economic capital framework, which will be headed by _________

A	Bimal Jalan
B	Raghuram Rajan
C	Viral V Acharya
D	N S Vishwanathan

Explanation:

Detailed explanation-1: -Bimal Jalan Committee on Economic capital framework: Bimal Jalan Panel: The Reserve Bank of India (RBI), in consultation with the government, had set up a six-member committee headed by the former RBI Governor Bimal Jalan to review the economic capital framework of the Reserve Bank of India.

Detailed explanation-2: -Banking Regulation Act, 1949 Question 6 Detailed Solution RBI can carry out inspection of any bank under section 35 of Banking Regulation Act.

Detailed explanation-3: -The Reserve Bank of India (RBI), in consultation with the central government, had constituted a Committee (Chair: Dr. Bimal Jalan) to review the current economic capital framework, in November 2018. The existing economic capital framework was developed in 2014-15, and was operationalised in 2015-16.

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