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The three pillars as given by Basel accords are: •First Pillar: Minimum Capital Requirement - The first pillar Minimum Capital Requirement is mainly for total risk including the credit risk, market risk as well as Operational Risk. •Second Pillar: Supervisory Review Process is basically intended to ensure that the banks have adequate capital to support all the risks associated in their businesses. As per RBI guidelines ICAAP or Internal Capital Adequacy Assessment Process is done by banks themselves while SREP or Supervisory Review and Evaluation Process is conducted by RBI. •Third Pillar: Market Discipline - The idea of the third pillar is to complement the first and second pillar. This is basically a discipline followed by the bank such as disclosing its capital structure, tier-I and Tier –II Capital and approaches to assess the capital adequacy.
The electoral college for vice president consists of the members of-
What is the chemical formula of baking soda?
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According to Thiruvalluvar, which of the fo...
Duckweeds, Water hyacinths and Water ferns belong to which category of plants?
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Which of the following is not correctly matched?
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Which state of India shares its border with least number of states?