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The government plans to come out with Indradhanush 2.0, a comprehensive plan for the recapitalisation of public sector lenders. Consider the following statements regarding the Indradhanush Programme:
1) Under Indradhanush roadmap the government had aimed to meet their capital requirement in line with global risk norms, known as Basel-III.
2) The mission includes the seven key reforms of appointments, the board of bureau, capitalisation, de-stressing, and empowerment, the framework of accountability and governance reforms.
Q. Which of the above statements is correct?
  • a)
    Only 1
  • b)
    Only 2
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The government plans to come out with Indradhanush 2.0, a comprehensiv...
The government plans to come out with ‘Indradhanush 2.0’, a comprehensive plan for the recapitalisation of public sector lenders, with a view to making sure they remain solvent and fully comply with the global capital adequacy norms, Basel-III.
The Reserve Bank of India had asked banks to recognise some top defaulting accounts as non-performing assets (NPAs) and make adequate provisions for them. It has had a debilitating impact on banks’ numbers and their stocks.
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The government plans to come out with Indradhanush 2.0, a comprehensive plan for the recapitalisation of public sector lenders. Consider the following statements regarding the Indradhanush Programme:1) Under Indradhanush roadmap the government had aimed to meet their capital requirement in line with global risk norms, known as Basel-III.2) The mission includes the seven key reforms of appointments, the board of bureau, capitalisation, de-stressing, and empowerment, the framework of accountability and governance reforms.Q. Which of the above statements is correct?a)Only 1b)Only 2c)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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The government plans to come out with Indradhanush 2.0, a comprehensive plan for the recapitalisation of public sector lenders. Consider the following statements regarding the Indradhanush Programme:1) Under Indradhanush roadmap the government had aimed to meet their capital requirement in line with global risk norms, known as Basel-III.2) The mission includes the seven key reforms of appointments, the board of bureau, capitalisation, de-stressing, and empowerment, the framework of accountability and governance reforms.Q. Which of the above statements is correct?a)Only 1b)Only 2c)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The government plans to come out with Indradhanush 2.0, a comprehensive plan for the recapitalisation of public sector lenders. Consider the following statements regarding the Indradhanush Programme:1) Under Indradhanush roadmap the government had aimed to meet their capital requirement in line with global risk norms, known as Basel-III.2) The mission includes the seven key reforms of appointments, the board of bureau, capitalisation, de-stressing, and empowerment, the framework of accountability and governance reforms.Q. Which of the above statements is correct?a)Only 1b)Only 2c)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The government plans to come out with Indradhanush 2.0, a comprehensive plan for the recapitalisation of public sector lenders. Consider the following statements regarding the Indradhanush Programme:1) Under Indradhanush roadmap the government had aimed to meet their capital requirement in line with global risk norms, known as Basel-III.2) The mission includes the seven key reforms of appointments, the board of bureau, capitalisation, de-stressing, and empowerment, the framework of accountability and governance reforms.Q. Which of the above statements is correct?a)Only 1b)Only 2c)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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