Consider the following statements regarding BASEL Standards: 1. Under – McqOptions

MCQOPTIONS

1.	Consider the following statements regarding BASEL Standards: 1. Under BASEL-II, banks and financial institutions have to reserve money in a fixed amount to tackle international financial risks. 2. Under Basel-III tier 3 capital has to be maintained as earlier which is used for market risk. Which of the above statement is/are correct?
A.	Only 1
B.	Only 2
C.	Both
D.	None of these
Answer» B. Only 2

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