9

In relation to bank capital standards:

Select one:

a. Tier I core capital includes perpetual cumulative mandatory convertible notes.

b. There are two main pillars in the Basel III capital accord.

c. Under the Basel III agreement, banks must maintain a minimum risk-based capital ratio of 20% at all times.

d. Limited life-redeemable preference shares are included in Lower Tier 2 capital.

e. The Pillar 1 capital accord framework covers the supervisory review of capital adequacy.