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    Question

    What is the minimum Capital adequacy Ratio (CAR)

    requirement for a scheduled commercial bank as given by RBI?
    A 8% Correct Answer Incorrect Answer
    B 9% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D 12% Correct Answer Incorrect Answer
    E 15% Correct Answer Incorrect Answer

    Solution

    As per the Basel norms stated by RBI in India, the minimum capital requirement for banks is 9% as against the minimum CAR of 8% stipulated by BASEL norms at 8%. RBI has stipulated higher CAR for NBFCs at 15%.

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