Q211
As per the Master Circular on "Prudential Norms on Capital Adequacy - Basel I Framework", elements of Tier I capital include: 1. Authorized Capital (Ordinary shares), statutory reserves, all other free reserves (disclosed), if any. 2. Paid-up capital (Preference shares). 3. Perpetual Non-Cumulative Preference Shares (PNCPS). 4. Innovative Perpetual Debt Instruments (IPDI).
A.
1 and 2 only
B.
2 and 3 only
C.
1 and 3 only
D.
3 and 4 only
AnswerAnswer: Option D
Solution
Answer: Option D
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