Which of the following statements is correct about the “Risk-Based I – McqOptions

MCQOPTIONS

1.	Which of the following statements is correct about the “Risk-Based Internal Audit (RBIA) System”?
A.	This system has been introduced by the Reserve Bank of India (RBI).
B.	All non-banking financial companies (NBFCs) with an asset size of Rs 5,000 crore will have to implement this system.
C.	BOTH A AND B
D.	neither of the above
Answer» D. neither of the above

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