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Questions and Answers
What is one of the factors contributing to the difficulty in customer retention?
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?
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?
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?
Which aspect is considered a challenge due to higher costs when compared to foreign counterparts?
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What is being replaced with new standards in three phases, including Recognition & Measurement, Impairment, and Hedge Accounting?
What is being replaced with new standards in three phases, including Recognition & Measurement, Impairment, and Hedge Accounting?
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Which factor poses a great challenge for bankers as it involves a true professional approach?
Which factor poses a great challenge for bankers as it involves a true professional approach?
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What is stressed more by Basel III norms compared to Basel II norms?
What is stressed more by Basel III norms compared to Basel II norms?
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