Question

    As per the RBI’s revised directions, what is the minimum CRAR required for a UCB to be classified as "Financially Sound and Well Managed (FSWM)"?

    A 9% Correct Answer Incorrect Answer
    B 5% Correct Answer Incorrect Answer
    C 7% Correct Answer Incorrect Answer
    D 12% Correct Answer Incorrect Answer
    E 15% Correct Answer Incorrect Answer

    Solution

    The "Master Circular on Exposure Norms for UCBs" states that a UCB must have a minimum CRAR of 9% to be classified as Financially Sound and Well Managed.

    Practice Next