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Which of the Following Does NOT Apply to Tier 1

Question 64

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.

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