1. As per the Basel II accords, Banks have to maintain a minimum 8% CRAR |
2. Out of 8% Banks have to keep a Tier I Capital of 5% |
3. In India, the Banks are required to keep the CAR of 9% at least. |
A) Only 1
B) Only 1 & 2
C) Only 1 & 3
D) All are correct statements
Correct Answer: C
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