As per this article, which of the following is/are true?
(A) PSBs saw the proportion of their gross non-performing assets to total advances almost double in the 12 months through September 2016 to 11.8%.
(B) Indian lenders have to meet Basel III capital regulations by March 31, 2019.
(C) PSBs saw the proportion of their gross non-performing assets to total advances almost triple in the 12 months through September 2016 to 11.8%.
Solution A and B are correct, but C is incorrect. In the passage, it is stated that “PSBs saw the proportion of their gross non-performing assets to total advances almost double in the 12 months through September 2016 to 11.8%.” So it is not ‘triple’, but ‘double’. And A is correct.
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