📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    What is one of the eligibility criteria for UCBs to be

    included in the Second Schedule to the RBI Act, 1934?
    A CRAR of at least 6% Correct Answer Incorrect Answer
    B CRAR of at least 9% Correct Answer Incorrect Answer
    C CRAR of at least 12% Correct Answer Incorrect Answer
    D CRAR of at least 15% Correct Answer Incorrect Answer
    E CRAR of at least 3% more than the minimum requirement Correct Answer Incorrect Answer

    Solution

    One of the eligibility criteria for UCBs to be included in the Second Schedule to the RBI Act, 1934, is maintaining a CRAR of at least 3% more than the minimum CRAR requirement applicable to the UCB.

    Practice Next

    Relevant for Exams:

    ask-question