2022
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Supervisory Purpose
|
|
|
Automation process for controlling credit flow
|
|
|
Check issuance of Bank notes and Coins
|
|
|
Manage foreign reserves
|
Detailed explanation-1: -In continuation of this effort, Shri Shaktikanta Das, Governor, today launched a new SupTech initiative named “ (DAKSH) - Reserve Bank’s Advanced Supervisory Monitoring System”, which is expected to make the Supervisory processes more robust.
Detailed explanation-2: -’ (DAKSH)’ is a web-based end-to-end workflow application through which RBI shall monitor compliance requirements in a more focused manner with the objective of further improving the compliance culture in Supervised Entities (SEs) like Banks, NBFCs, etc.
Detailed explanation-3: -Notes: Reserve Bank of India (RBI) Governor Shaktikanta Das launched a new SupTech initiative named ‘DAKSH’. The Reserve Bank’s Advanced Supervisory Monitoring System aims to make the Supervisory processes more robust.
Detailed explanation-4: -Financial Inclusion by RBI No frills account. BSBDA – Basic savings bank deposit account. LBS – Lead banking scheme. PMJDY – Pradhan Mantri Jan Dhan Yojana.
Detailed explanation-5: -Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective December 12, 2018.