APPSC Group-I Prelims 2019 Paper I · Question 83

Question 83 of the APPSC Group-I Prelims 2019 Paper I (26 May 2019). Try it first, then open the answer and explanation.

1. Prelims 2019 · P-I · Q83 · Indian & AP Economy · Money, Banking & Inflation

   Which of the following statements is not correct regarding Basel III implementation in India ?

   భారతదేశంలో బేసల్ III అమలులో ఉందనడానికి కింది నిర్దేశిత వాక్యాలలో ఏది తప్పు

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   Answer: Minimum Tier 1 capital ratio should be 8%

   సమాధానం: మినిమమ్ టైర్ 1 కాపిటల్ నిష్పత్తి 8% ఉండాలి

   Under RBI's Basel III norms the minimum Common Equity Tier 1 ratio is 5.5%, the minimum Tier 1 ratio is 7% and total capital is 9% (plus a 2.5% capital conservation buffer), so 8% for Tier 1 is wrong.

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