Question

WHATIS THE FULL FORM OF PCA​

Answer 1

Prompt corrective action (PCA)..

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Answer 2

Answer:

The full form of PCA is = Prompt Corrective Action

To ensure that banks don't go bust, RBI has put in place some trigger points to assess, monitor, control and take corrective actions on banks which are weak and troubled. The process or mechanism under which such ac tions are taken is known as Prompt Corrective Action, or PCA.

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