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The RBI has mandated the Core Investment Companies with the largest asset size will have to form a group risk management committee (GRMC), based on the recommendation of working group under chairmanship of whom?
  • a)
    Usha Thorat
  • b)
    Tapan Ray
  • c)
    Mahesh Kumar Jain
  • d)
    TN Manoharan
  • e)
    None of the Above
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The RBI has mandated the Core Investment Companies with the largest as...
Reserve Bank of India (RBI) has revised the guidelines applicable for Core Investment Companies (CICs) on the basis of the recommendations of the Working Group (WG) to Review the Regulatory and Supervisory Framework for Core Investment Companies (CICs), constituted under the Chairmanship of Tapan Ray, former Secretary, Ministry of Corporate Affairs (MCA). The report by the WG was published by RBI on November 6, 2019. CIC in the group, or the CIC with the largest asset size, will have to form a group risk management committee (GRMC), comprising of at least five members, with two independent directors.
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The RBI has mandated the Core Investment Companies with the largest asset size will have to form a group risk management committee (GRMC), based on the recommendation of working group under chairmanship of whom?a)Usha Thoratb)Tapan Rayc)Mahesh Kumar Jaind)TN Manoharane)None of the AboveCorrect answer is option 'B'. Can you explain this answer?
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The RBI has mandated the Core Investment Companies with the largest asset size will have to form a group risk management committee (GRMC), based on the recommendation of working group under chairmanship of whom?a)Usha Thoratb)Tapan Rayc)Mahesh Kumar Jaind)TN Manoharane)None of the AboveCorrect answer is option 'B'. Can you explain this answer? for Current Affairs 2025 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about The RBI has mandated the Core Investment Companies with the largest asset size will have to form a group risk management committee (GRMC), based on the recommendation of working group under chairmanship of whom?a)Usha Thoratb)Tapan Rayc)Mahesh Kumar Jaind)TN Manoharane)None of the AboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The RBI has mandated the Core Investment Companies with the largest asset size will have to form a group risk management committee (GRMC), based on the recommendation of working group under chairmanship of whom?a)Usha Thoratb)Tapan Rayc)Mahesh Kumar Jaind)TN Manoharane)None of the AboveCorrect answer is option 'B'. Can you explain this answer?.
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