With what would you associate Prompt Corrective Action measures of RBI ........

Economic Affairs Types of Banks and Banking

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With what would you associate Prompt Corrective Action measures of RBI?

Monetary Policy

Fiscal Policy

Sound fiscal health of the banks

None of the above

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Explanation:

Promp Corrective Action measures are set of measures taken by RBI to assure sound fiscal health of the banks. RBI monitors non-performing assets of the banks, capital availability and profitability of the banks and if found defaulting take actions to ensure the sound fiscal health of the banks.