The answer is A because it is the correct answer!
The English Reformation started in the reign of Henry VIII.
Henry wanted to get rid of his first wife Catherine of Aragon because she had failed to produce a male heir to the throne.
However, getting divorced was not so simple as it is today. Henry was a Roman Catholic, and the head of this church was the Pope. According to the Roman Catholic belief, marriage was for life, divorce was forbidden.
Henry found himself in a complicated position. He made a special petition to the pope so that he might get a "Papal Dispensation", this meant that the pope would agree to grant the King of England the divorce, but not to others. Anyway, the Pope refused this petition. The King got so angry that he ordered the Archbishop of Canterbury to grant him the divorce so he could marry Ann Boleyn.
The Archbishop (in order to remain in good terms with Henry) granted him the divorce against the opinion of the Pope.
This event lead to England breaking away from the Roman Catholic Church based in Rome. Henry created his own church, placing himself as the head of that church, and then, his divorce was absolutely legal.
However, the English people did not react so well to this. In fact, they were very angry at the way the Roman Catholic Church used to spent their money. Common people had to paid for everything, if they wanted to get married, they had to pay. If they wanted to baptise their children, they had to pay. If they wanted to bury someone, they had to pay. So the church was utterly rich. With the reformation, all this injustices were exposed and the Catholic Church lost his popularity.
When the juvenile court was first created, preponderance of evidence <span>was the standard of proof required to adjudicate a child delinquent.</span>
When capital adequacy line is equal to the savings per worker function then "normal expected returns to investor".
<h3>What is
capital adequacy/requirement ratio?</h3>
The capital adequacy ratio (CAR) gauges a bank's level of capital retention in relation to its level of risk. The CAR of banks must be monitored by national regulators in order to ascertain how well it can withstand an acceptable amount of loss.
The components of capital adequacy are-
- The Capital Adequacy Ratio (CAR) aims to ensure that banks have an adequate amount of capital to safeguard depositors' funds.
- (Tier 1 Capital + Tier 2 Capital) / Risk-Weighted Assets is the calculation for CAR.
- The BIS's capital standards have tightened up in recent years.
- By reducing the likelihood of bank insolvency, capital adequacy ratios promote the effectiveness and stability of a country's financial system.
- A bank with a high capital adequacy ratio is typically thought to be secure and likely to fulfill its financial obligations.
The principle of capital adequacy are-
- High-quality and loss-absorbing capital are both necessary.
- The Basel III criteria for common stock, along with supplementary tier 1 and tier 2 capital, are applied to establish the quality of capital, with retained earnings being the most important factor.
To know more about the capital requirement, here
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I believe that would be C.
A noise that produces an echo when it bounces off a distant wall.
