A
Neither 1 nor 2
B
1 only
C
2 only
D
Both 1 and 2
Correct answer: (d) Both 1 and 2
Explanation
AT1 bonds are perpetual debt instruments lacking a fixed maturity date, and they are issued under Basel III capital regulatory frameworks to strengthen a bank's capital buffers. Both statements are accurate, so option D is correct.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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