The Capital Adequacy Ratio (CAR) for Indian Public Sector banks set by RBI is:

Correct option is D

The Capital Adequacy Ratio (CAR) for Indian Public Sector Banks is 12%, as set by the Reserve Bank of India (RBI). The CAR for Indian Scheduled Commercial Banks is 9%. 
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1. Capital Adequacy Ratio (CAR) is a measure of a bank's capital in relation to its risk-weighted assets.
2. It ensures that a bank can absorb a reasonable amount of loss and comply with statutory Capital requirements.
3. The CAR requirement for Indian banks is set by the RBI in alignment with global standards such as those defined by Basel III.
4. This ratio helps prevent the risk of bank insolvency and ensures stability in the banking system.