GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The RBI issued the following guidelines for effective Asset Liability Management System
A
The committee should be headed by CMD or ED
B
Bank should set up an internal Asset Liability Committee
C
The Management committee of the Board should oversee implementation of the system
D
All of the above
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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