Which among the following is NOT a pillar of Basel III?
A
Minimum capital standards
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Supervisory review
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Market discipline
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Consolidation of assets
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
E
None of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is D Consolidation of assets
The Basel III framework is based on 3 components called 3 pillars, which include, Pillar 1: Minimum capital standards, Pillar 2: Supervisory review and Pillar 3: Market discipline.