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Question
CAMEL rating is a system that ----
Assigns a numerical rating to banks
Ranks camels according to their quality
Ranks camels according to their price
Allows banks to operate in a developing country
None of these
ANSWER : 1
Descrption
CAMELS Rating is the rating system wherein the bank regulators or examiners (generally the officers trained by RBI), evaluates an overall performance of the banks and determine their strengths and weaknesses.
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