Question

What is the primary objective of the Basel III norms for

Q: Answer-What is the primary objective of the Basel III norms for banks?

Basel III norms were introduced to enhance the capital adequacy, risk management, and liquidity requirements of banks worldwide. It includes stricter capital buffers, leverage ratios, and liquidity coverage ratios to improve banking stability.

banks?

A Increasing the interest rates on bank deposits

B Improving financial literacy in rural areas

C Strengthening capital adequacy and risk management

D Reducing competition among banks

E Encouraging banks to issue more loans

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PNB SO Credit Officer Scale 1

What is the primary objective of the Basel III norms for

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