1. Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues.
2. CAR is decided by each individual bank.
Which of the statements given above is/are correct?
Q: Consider the following statements: 1. Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form... | UPSC CSE Pre 2018 PYQ | UPSCGPT