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These are referred to as risk-weighted assets (RWAs), and they're assigned risk in the form of a percentage, with 100% being the riskiest and 0% being no risk. Learn about the legal status, roles, and responsibilities of Residents Welfare Associations (RWAs) in India. Understand your rights and duties as a resident. RWA stands for Resident Welfare Association, a voluntary group of residents who manage and maintain their housing society. Learn about the functions, roles and responsibilities of RWA and how to form one. Navigate the essentials of Resident Welfare Association ( RWA ) rules. Discover key insights to understand the functioning, regulations, and significance of RWAs in maintaining harmonious living communities.