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Tier-1 capital: I. Refers to the best performing tier of bank assets. II. Consists mainly of shareholders equity and retained earnings. III. Provides complete safety

Tier-1 capital: I. Refers to the best performing tier of bank assets. II. Consists mainly of shareholders equity and retained earnings. III. Provides complete safety net so that bank with a Tier-1 capital ratio above 8.5% cannot fail. I and II are correct. II and III are correct. Only III is correct. Only II is correct. Only I is correct

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