In context of banking, PCA is an abbreviated form of
Question
In context of banking, PCA is an abbreviated form of
Solution
In the context of banking, PCA stands for Prompt Corrective Action. This is a framework under which banks with high levels of non-performing assets (NPAs), return on assets (RoA) below the required level, and low capital adequacy ratio (CAR), are put under watch by the central bank, i.e., the Reserve Bank of India. The PCA framework is designed to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector.
Similar Questions
Explain pca
Principal Component Analysis (PCA)... (Select ANY correct answer) A. can improve model interpretability. B. can improve model accuracy. C. can convert non-linear problems into linear problems. D. can reduce the number of attributes/features used for modeling.
What is Principal Component Analysis?
How does the term "principal component analysis" (PCA) contribute to dimensionality reduction in data analysis?By clustering similar data points togetherBy transforming features into a lower-dimensional spaceBy creating new features based on existing onesBy evaluating feature importance
What is PCIDSS and what does it stand for?Select one:Payment Card Industry Data Security StandardsProtective Credit Industry Digital Security StandardsPayment Credit Industry Data Security StandardsPayment Card Industry Data Scrutiny Standards
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