📝 One-liners · 66 cards

Development, Regulation and Supervision and Recent Performance of Scheduled Commercial Banks

What was the first modern bank established in India?
The Bank of Hindustan, established in 1770, was the first modern bank in India.
What does the 'S' in the CAMELS supervisory framework stand for?
Systems and Controls covering risk management and audit compliance
When was the Imperial Bank of India established?
The Imperial Bank of India was established in 1921 through the amalgamation of the three Presidency Banks.
Which committee's recommendations led to the entry of new private sector banks in India in 1993?
Narasimham Committee recommended private sector bank entry in 1993
🔒

Unlock 66 revision one-liners

Interactive flashcard deck — flip every card to drill questions and answers, mark the ones you got wrong, and revise smarter for Development, Regulation and Supervision and Recent Performance of Scheduled Commercial Banks.

🪙
Unlock cost
300 coins
30-day access · re-unlocks free for 30 days
Sign in to unlock