Start learning →

ICAAP is the internal capital adequacy assessment:

AProvision
BProcedure
CProcess
DProgramme
Answer & Solution
Correct answer: C. Process
1. Banks must have a board-approved policy on it. 2. It comes from the BASEL II guidelines. 3. It is the internal capital adequacy assessment process. _Source: RBI, Glossary_
Practise this question with Quill — IBPS Clerk →

Keep practising Banking Abbreviations

Browse all Banking Abbreviations questions for IBPS Clerk, or explore more Banking Awareness topics.

Start a Banking Abbreviations lesson →
Related questions
Pick the right expansion, quicklySpot the one that does not fitOrder how a capital ratio is builtFill the gaps in the glossaryCapital term or risk term?True or false about banking termsSort each term by what it measuresMatch each abbreviation to its words