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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 118 Topic 12 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 118 Topic 12 Discussion

GLO_CWM_LVL_1 Exam Topic 12 Question 118 Discussion:
Question #: 118
Topic #: 12

Which of the following is / are RBI conditions applicable for banks declaring dividends?


A.

To be paid out only from current year profits


B.

Minimum capital adequacy of 9% to be maintained


C.

Net NPAs to be below 7%


D.

All of the above


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