Q. Consider the following statements in context with the Capital to Risk Assets Ratio (CRAR) Phase-I implemented by RBI in India: CRAR Phase-I was implemented by RBI during 1992-93 It takes into account the risk on account of Balance Sheets assets, non-funded items. All aspects of management of a banking organization were incorporated in it Which among the above statements is/ are correct?
Answer: Only 1 & 2 are correct
Notes:

3