Economics · Banking and Finance
Basel III guidelines, frequently discussed in banking and RBI reforms, primarily seek to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Increase government borrowing from commercial banks.
- 2Raise the quality and level of capital in banks to absorb financial shocks.✓
- 3Reduce the repo rate to boost credit growth.
- 4Control inflation through fiscal deficit management.
Correct answer
Raise the quality and level of capital in banks to absorb financial shocks.
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