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Question
RBI has issued a revised PCA Framework for Scheduled Commercial Banks. The new framework will be effective from which date?
Options:
A .  April 01, 2022
B .  March 01, 2022
C .  January 01, 2022
D .  February 01, 2022
Answer: Option C

The Reserve Bank of India has issued revised Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks and it will be effective from January 1, 2022.



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