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BASEL II, published in June 2004, rests on how many pillars?
AFour
BFive
CSeven
DThree
Answer & Solution
Correct answer: D. Three
1. Minimum capital requirements is the first.
2. Supervisory review is the second and market discipline the third.
3. So there are three pillars.
_Source: Reserve Bank of India, Glossary (rbi.org.in)._
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