Question

    The Basel III capital regulations were implemented in India with effect from _________ and have been fully implemented as on____________.

    A April 1, 2013; March 31, 2021 Correct Answer Incorrect Answer
    B April 1, 2013; March 31, 2022 Correct Answer Incorrect Answer
    C April 1, 2013; October 1, 2021 Correct Answer Incorrect Answer
    D April 1, 2015; March 31, 2022 Correct Answer Incorrect Answer
    E April 1, 2015; October 1, 2021 Correct Answer Incorrect Answer

    Solution

    The Basel III capital regulations were implemented in India with effect from April 1, 2013 and have been fully implemented as on October 1, 2021. Banks have to comply with the regulatory limits and minima as prescribed under Basel III capital regulations, on an ongoing basis.

    Practice Next

    Relevant for Exams: