With regard to Basel III Compliance Bonds, consider the following statements:n1. In 2008, Basel III guidelines were issued.n2. Basel III norms are intended to make most banking activities such as their trading book activities more capital-intensive.n3. The issued bonds qualify as Tier II capital of the bank, and each bond is worth Rs 10 lakh.nWhich of the above statements is/are correct?

With regard to Basel III Compliance Bonds, consider the following stat

1.	With regard to Basel III Compliance Bonds, consider the following statements:n1. In 2008, Basel III guidelines were issued.n2. Basel III norms are intended to make most banking activities such as their trading book activities more capital-intensive.n3. The issued bonds qualify as Tier II capital of the bank, and each bond is worth Rs 10 lakh.nWhich of the above statements is/are correct?
A.	only 3
B.	1 and 2 only
C.	2 and 3 only
D.	All of the above
Answer» D. All of the above