RBI, NABARD, and Cooperative Banks Overview
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Questions and Answers

What is one of the factors contributing to the difficulty in customer retention?

  • Inclusive banking strategy
  • Market share of PSU banks
  • Decreased dependence of corporate sector on banks (correct)
  • Compliance of Basel II norms
  • Which banking norm emphasizes more on risk assessment and control?

  • Basel I
  • Basel III
  • Basel IV
  • Basel II (correct)
  • What has come down due to the increased role of private sector banks?

  • Compliance with Basel norms
  • Market share of PSU banks (correct)
  • Cost of funds
  • Corporate governance standards
  • Which aspect is considered a challenge due to higher costs when compared to foreign counterparts?

    <p>Cost of fund</p> Signup and view all the answers

    What is being replaced with new standards in three phases, including Recognition & Measurement, Impairment, and Hedge Accounting?

    <p>IAS 39</p> Signup and view all the answers

    Which factor poses a great challenge for bankers as it involves a true professional approach?

    <p>Corporate governance</p> Signup and view all the answers

    What is stressed more by Basel III norms compared to Basel II norms?

    <p>Risk assessment</p> Signup and view all the answers

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