Multiple Choice
Which of the following does NOT apply to Tier 1 capital?
A) Tier 1 capital is described as 'core capital'.
B) Tier 1 capital must constitute at least 50% of a bank's capital base.
C) Paid-up ordinary shares can be included in Tier 1 capital.
D) Cumulative irredeemable APRA-approved preference shares can be included in Tier 1 capital.
Correct Answer:
Verified
Correct Answer:
Verified
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