Knowledge Track

Prompt Corrective Action (PCA) Framework PCA stands for Prompt Corrective Action . After the financial results of the banks in 2017-18, the government formed a committee to restructure the assets of these banks. Apart from this, 11 out of 21 public sector banks are under the purview of PCA due to rising losses and sinking debt. Prompt Corrective Action is a US federal law mandating progressive penalties against banks that exhibit progressively deteriorating capital ratios. After coming under the purview of this framework- These banks cannot extend branch. RBI can prevent them from making dividend payment. Many conditions can be imposed by RBI even if these banks give loans. The Reserve Bank of India can take action to consolidate, reorganize and close these banks. RBI may impose restrictions on management compensation and directors fees of these banks. Bank of Baroda Total loss of 3102.34 crores in the quarter from January to March (2018). The bank's NPA...

COVID-19(CORONAVIRUS) COVID-19 is a new illness that can affect your lungs and airways. It's caused by a virus called CORONAVIRUS . The coronavirus (COVID-19) outbreak came to light when on December 31, 2019, China informed the World Health Organization (WHO) of a cluster of cases of pneumonia of an unknown cause in Wuhan City in Hubei province. On January 9, 2020, the WHO issued a statement saying Chinese researchers have made “preliminary determination” of the virus as a novel coronavirus. WHO Director-General Tedros Adhanom Ghebreyesus said officials needed a name that did not refer to a geographical location, an animal, an individual or group of people. It also had to be pronounceable and related to the disease. With the overall cases worldwide rising rapidly, the WHO has declared the outbreak a global health emergency. WHO called this situation a Pandemic. SYMPTOMS Symptoms include fever, cough, shortness of breath, pneumonia and chest or liver pain. ...

T hings to do while you self-quarantine As the number of suspected and confirmed coronavirus patients in the world continues to climb, one of the most common responses from state and county public health officials is to suggest people who may have been exposed to the disease self-quarantine. Don't leave your house unless you need to go to a doctor, stay home. If there are other people in your home, you should attempt to stay in one room as much as possible and use a separate bathroom. As concerts are postponed, sporting events are canceled, schools are closed and tourist hot spots are shut down, experts recommend that even those who show no sign of illness stay home during this time of global pandemic.  Now the question is how we can spend our precious time? SLEEP AS MUCH AS YOU CAN. WATCH MOVIES ON NETFLIX CLEAN YOUR HOUSE LEARN A NEW SKILL FOCUS ON YOUR BODY READ A BOOK SPEND TIME WITH YOUR FAMILY REARRANGE YOUR WARDROBE LEARN A LANGUAGE CALL...