Current Affairs · Banking
With reference to the Prompt Corrective Action (PCA) framework of the RBI, consider the following statements: 1. It is applicable only to Public Sector Banks. 2. It is triggered based on capital adequacy, asset quality and profitability indicators. 3. Under PCA, restrictions may be imposed on dividend distribution and branch expansion. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 21 and 3 only
- 31 and 2 only
- 42 and 3 only✓
Correct answer
2 and 3 only
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