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    Question

    Basel III norms are not applicable to which of the

    following categories of banks?
    A Public Sector Banks, Private Banks, and Payment Banks Correct Answer Incorrect Answer
    B Regional Rural Banks, Local Area Banks, and Cooperative Banks Correct Answer Incorrect Answer
    C Small Finance Banks, Payments Banks, and Foreign Banks Correct Answer Incorrect Answer
    D Scheduled Commercial Banks and Regional Rural Banks only Correct Answer Incorrect Answer
    E Cooperative Banks and Private Sector Banks only Correct Answer Incorrect Answer

    Solution

    The document specifies that Basel III norms are not applicable to Regional Rural Banks, Local Area Banks, and Cooperative Banks.┬а

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