December 2014

1:

As per the Master Circular on "Prudential Norms on Capital Adequacy - Basel I Framework", elements of Tier I capital include :

(i) Authorised Capital (Ordinary shares), statutory reserves, all other free reserves (disclosed), if any.

(ii) Paid-up capital (Preference shares).

(iii) Perpetual Non-Cumulative Preference Shares (PNCPS).

(iv) Innovative Perpetual Debt Instruments (IPDl).

A.

(i) and (ii) only

B.

(ii) and (iii) only

C.

(i) and (iii) only

D.

(iii) and (iv) only

 

Answer : A

Explanation :

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Option: A

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