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    Question

    What is C in

    PNCPS
    A Cumulative Correct Answer Incorrect Answer
    B Collective Correct Answer Incorrect Answer
    C Comprehensive Correct Answer Incorrect Answer
    D Character Correct Answer Incorrect Answer
    E Convertible Correct Answer Incorrect Answer

    Solution

    Perpetual Non-Cumulative Preference Shares (PNCPS) can be issued as additional capital for the purpose of capital adequacy norms. PNCPS would be eligible to be treated as Tier I capital.

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