RBI proposed Minimum 11.5% Capital for Four AIFIs

Current Context: The Reserve Bank of India (RBI) has proposed a minimum of 11.5% capital for four All India Financial Institutions (AIFI).

• The 4 AIFIs are: National Housing Bank, Exim Bank, Small Industries Development Bank of India, and National Bank for Agriculture & Rural Development.
• These capital norms will be applicable from 2022.
• This minimum capital is in accordance with the Basel III framework to raise the resilience of AIFI in periods of stress.
• These 4 AIFIs should have a minimum total capital of 9% from 1st April 2022 and a minimum capital buffer should be at 2.5%.
• The minimum common equity tier 1 (CET1) capital of these institutions should be 5.5% and the minimum tier 1 capital requirement should be at 7%.
• These AIFIs should adopt standardized approaches to measure capital charge for market risk and credit risk.
• Static Part: 
• HQ of RBI: Mumbai
• Governor of RBI: Shaktikanta Das

Question: 

Q.1 For which entity has RBI proposed a minimum of 11.5% capital norms in accordance with the Basel III framework to raise their resilience in periods of stress?
a. National Bank for Agriculture & Rural Development
b. Small Industries Development Bank of India
c. Exim Bank
d. National Housing Bank 

e. All of the above