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Consider the following statements regarding the Prompt Corrective Action (PCA) Framework: 1. Currently PCA supervisory norms are applicable to both Government and non-Government NBFCs. 2. Discretionary actions under PCA include restriction on branch expansion. How many of the statements given above are correct?
Correct Answer: (a)
Official keyThis question appeared in the HPSC Prelims 2023 examination (GS-II). It is Question 4 out of 100 questions in this paper.
This question was part of the HPSC Prelims 2023 (GS-II). The HPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all HPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.