What does 'P' stand for in the PCA Framework, related to the Reserve B – InterviewSolution

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1.	What does 'P' stand for in the PCA Framework, related to the Reserve Bank of India?
Answer» Prompt Corrective Action (PCA) refers to the watch list of weak banks, by the Reserve Bank of India. The regulator imposes restrictions like curbs on lending among others, on such banks.

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