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Question

Which of the following statements about systemically important banks is correct?

        I.            List of global systemically important Banks is published by the BASEL committee on banking supervision.

      II.            SBI, ICICI, HDFC and Axis Bank are the domestic systemically important banks in India.

A Only I Correct Answer Incorrect Answer
B Only II Correct Answer Incorrect Answer
C Both are correct Correct Answer Incorrect Answer
D None of the above Correct Answer Incorrect Answer

Solution

Axis Bank is not on the list of D-SIB.

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