[Solved] Which of the following is a stipulation under the Basel III norms?

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Q.	Which of the following is a stipulation under the Basel III norms?
A.	The total minimum capital adequacy ratio to be 9%
B.	Banks to maintain an overall minimum capital adequacy ratio of 11.5%
C.	Banks to reach the minimum capital adequacy ratio of 11.5% by 31st March, 2018
D.	Banks to maintain a capital adequacy ratio of 10% by 2013
E.	None of these
Answer» C. Banks to reach the minimum capital adequacy ratio of 11.5% by 31st March, 2018

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