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Commerce · Q904

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 904

Q904

Consider the following statements regarding Basel norms: 1. Basel norms are standards of capital adequacy for banks across the world. 2. At present, banks are adhering to Basel III norms. 3. Basel norms are mandatory for banks in India.

A.
1 only
B.
2 and 3 only
C.
1 and 3 only
Answer
D.
1, 2 and 3

Answer: Option C

Solution

Answer: Option C
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