Consider the following statements in context with the Capital to Risk Assets Ratio (CRAR) Phase-I implemented by RBI in India:

  1. CRAR Phase-I was implemented by RBI during 1992-93
  2. It takes into account the risk on account of Balance Sheets assets, non-funded items.
  3. All aspects of management of a banking organization were incorporated in it

Which among the above statements is/ are correct?

[A] Only 1 is correct
[B] Only 1 & 2 are correct
[C] Only 2 & 3 are correct
[D] All are correct
Click Here to Display Answer

Advertisement

Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...