Banking General Awareness Banking System Question Bank Practice Questions - Challenges in Banking System

  • question_answer
    Which of the following statements is/are correct?
    I. Indian scheduled commercial banks are required to maintain a CAR of 9%.
    II. Indian public sector banks need to maintain a CAR of 12%.

    A)  I only                          

    B)  II only

    C)  Both [a] and [b]            

    D)  None of these

    Correct Answer: C


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