2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Private
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Public
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Prompt
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Detailed explanation-1: -(369 kb) Prompt Corrective Action (PCA) Framework for Non-Banking Financial Companies (NBFCs)
Detailed explanation-2: -Principal component analysis (PCA) is a popular technique for analyzing large datasets containing a high number of dimensions/features per observation, increasing the interpretability of data while preserving the maximum amount of information, and enabling the visualization of multidimensional data.
Detailed explanation-3: -A method of pain relief in which the patient controls the amount of pain medicine that is used. When pain relief is needed, the person can receive a preset dose of pain medicine by pressing a button on a computerized pump that is connected to a small tube in the body. Also called patient-controlled analgesia.
Detailed explanation-4: -capital adequacy, asset quality and profitability. Certain trigger points have been determined for the PCA framework under the three parameters taking into account the practicability of implementation of certain measures in the Indian context.
Detailed explanation-5: -The RBI has specified certain regulatory trigger points with respect to three parameters, i.e., capital-to-risk weighted assets ratio (CRAR), net non-performing assets (NPA) and return on assets (RoA) for the initiation of the process. CRAR: There are various stages.