GK
BANKING AWARENESS AND SEBI
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The RBI issued the following guidelines for effective Asset Liability Management System
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The committee should be headed by CMD or ED
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Bank should set up an internal Asset Liability Committee
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The Management committee of the Board should oversee implementation of the system
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All of the above
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Explanation:
Detailed explanation-1: -Reserve Bank of India: Total Liabilities or Assets data is updated daily, averaging 14, 370, 470.000 INR mn from Oct 1996 to 03 Mar 2023, with 1377 observations. The data reached an all-time high of 64, 401, 240.000 INR mn in 15 Oct 2021 and a record low of 2, 213, 130.000 INR mn in 28 Feb 1997.
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