To avoid a Prompt Coercive Action from the Reserve Bank of India, a bank should not fall in which of the following conditions?
Q. To avoid a Prompt Coercive Action from the Reserve Bank of India, a bank should not fall in which of the following conditions?
Answer: It should have a very high NPA
Notes: Please note the 3 trigger points that invite RBI to take Prompt Coercive Actions against Banks. They are low capital adequacy ratio, high non performing assets and low profit.

 

The above question is part of 35000+ General Studies MCQ Series Course on GKToday Android app.