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With reference to the College of Supervisors (CoS) introduced by RBI, consider the following statements:


1. It aims to augment and reinforce supervisory skills among its regulatory and supervisory staff both at entry level and continuously.


2. The CoS will have a full-time Director supported by an Academic Advisory Council (AAC).


Which of the statements given above is/are correct?

  • a)
    1 only

  • b)
    2 only

  • c)
    Neither 1 nor 2

  • d)
    Both 1 and 2 

Correct answer is option 'D'. Can you explain this answer?
Verified Answer
With reference to the College of Supervisors (CoS) introduced by RBI, ...
The Reserve Bank of India (RBI) has set up an academic advisory council with former deputy governor N S Vishwanathan as the chairperson to advise the full-time director of the central bank’s College of Supervisors (CoS).
  • As part of the measures to further strengthen Supervision over regulated entities, Reserve Bank had set up a College of Supervisors (CoS) to augment and reinforce supervisory skills among its regulatory and supervisory staff both at entry level and on a continuous basis.
  • While the CoS was functioning in a limited way in virtual mode since May 2020, it is now being fully operationalised. This will further contribute to effective oversight of the regulated entities by augmenting and ensuring a consistent quality of supervisory resources pool.
  • The CoS will have a full-time Director supported by an Academic Advisory Council (AAC).
  • The AAC will identify areas where skill building/up-skilling are required, plan and develop curricula of all programmes, benchmark the programmes with international standards/best practices, develop appropriate teaching methods, etc.
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Most Upvoted Answer
With reference to the College of Supervisors (CoS) introduced by RBI, ...
The Reserve Bank of India (RBI) has set up an academic advisory council with former deputy governor N S Vishwanathan as the chairperson to advise the full-time director of the central bank’s College of Supervisors (CoS).
  • As part of the measures to further strengthen Supervision over regulated entities, Reserve Bank had set up a College of Supervisors (CoS) to augment and reinforce supervisory skills among its regulatory and supervisory staff both at entry level and on a continuous basis.
  • While the CoS was functioning in a limited way in virtual mode since May 2020, it is now being fully operationalised. This will further contribute to effective oversight of the regulated entities by augmenting and ensuring a consistent quality of supervisory resources pool.
  • The CoS will have a full-time Director supported by an Academic Advisory Council (AAC).
  • The AAC will identify areas where skill building/up-skilling are required, plan and develop curricula of all programmes, benchmark the programmes with international standards/best practices, develop appropriate teaching methods, etc.
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With reference to the College of Supervisors (CoS) introduced by RBI, consider the following statements:1. It aims to augment and reinforce supervisory skills among its regulatory and supervisory staff both at entry level and continuously.2. The CoS will have a full-time Director supported by an Academic Advisory Council (AAC).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Neither 1 nor 2d)Both 1 and 2Correct answer is option 'D'. Can you explain this answer?
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With reference to the College of Supervisors (CoS) introduced by RBI, consider the following statements:1. It aims to augment and reinforce supervisory skills among its regulatory and supervisory staff both at entry level and continuously.2. The CoS will have a full-time Director supported by an Academic Advisory Council (AAC).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Neither 1 nor 2d)Both 1 and 2Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the College of Supervisors (CoS) introduced by RBI, consider the following statements:1. It aims to augment and reinforce supervisory skills among its regulatory and supervisory staff both at entry level and continuously.2. The CoS will have a full-time Director supported by an Academic Advisory Council (AAC).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Neither 1 nor 2d)Both 1 and 2Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the College of Supervisors (CoS) introduced by RBI, consider the following statements:1. It aims to augment and reinforce supervisory skills among its regulatory and supervisory staff both at entry level and continuously.2. The CoS will have a full-time Director supported by an Academic Advisory Council (AAC).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Neither 1 nor 2d)Both 1 and 2Correct answer is option 'D'. Can you explain this answer?.
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