Banking Awareness - Banking Acts, Reforms & Risk Management
Which role does the RBI play in banks’ risk management framework?
Which role does the RBI play in banks’ risk management framework?
medium Q7 of 15
Step-by-Step Solution
Step 1: Identify RBI’s position
RBI is the banking regulator.Step 2: Link with risk framework
RBI supervises and ensures sound risk practices.Final Answer:
Supervising and regulating risk practices → Option CQuick Check:
Bank risk supervision in India = RBI’s role ✅
Quick Trick: Regulation and supervision → RBI.
Common Mistakes:
MISTAKES- Assuming RBI manages daily bank operations.
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