'Indradhanush 2.0' is associated with:
Indradhanush 2.0: Public Sector Bank Recapitalisation
The 'Indradhanush 2.0' initiative was launched by the Indian government.
Its primary objective was the recapitalisation of public sector banks. This scheme aimed to strengthen the financial health and operational efficiency of government-owned banks by infusing capital.
Key aspects included:
- Capital infusion into Public Sector Banks (PSBs).
- Addressing the asset quality review (AQR) and strengthening governance.
- Improving the risk management framework.
Therefore, 'Indradhanush 2.0' is directly associated with the recapitalisation of public sector banks.
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Important Questions from Money and Banking
Which one of the following is likely to be the most inflationary in its effects?
Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
Consider the following statements :
The effect of devaluation of a currency is that it necessarily
1. improves the competitiveness of the domestic exports in the foreign markets
2. increase the foreign value of domestic currency
3. improves the trade balance
Which of the above statements is/are correct?
Indian Government Bond Yields are influenced by which of the following?
1. Actions of the United States Federal Reserve
2. Actions of the Reserve Bank of India
3. Inflation and short-term interest rates
Select the correct answer using the code given below.
With reference to “Urban Cooperative Banks" in India, consider the following statements :
1. They are supervised and regulated by local boards set up by the State Governments.
2. They can issue equity shares and preference shares.
3. They were brought under the purview of the Banking Regulation Act, 1949 through an Amendment in 1966
Which of the statements given above is/are correct?
