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UPSC 2018: The identity platform 'Aadhaar' provides open Application Programming Interfaces (APIs). What does it imply?
(a)1 only
(b)2 only
(c)Both 1 and 2
(d)Neither 1 nor 2
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Not attemptedCorrect Answer: (a) 1 only
Capital Adequacy Ratio (CAR/CRAR) is the proportion of a bank’s own capital (Tier-1 and Tier-2 funds) to its risk-weighted assets; this capital is maintained so the bank can absorb losses if borrowers default, making statement 1 correct. The required ratio is fixed by regulators (RBI based on Basel norms), not individually by each bank, so statement 2 is incorrect. Therefore only statement 1 is right. ([economictimes.indiatimes.com](https://economictimes.indiatimes.com/topic/capital-adequacy-ratio/?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2018 Indian Economy question?▼
The correct answer is option (a): 1 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Banking & Financial Sector question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2018, GS Paper 1, as Question 16. It falls under Indian Economy > Banking & Financial Sector.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Banking & Financial Sector?▼
UPSC has asked 48 questions from Banking & Financial Sector (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.