Multiple choice Which of the following do(es) not fall under Tier II capital? Revaluation reserves Perpetual non-cumulative preference shares Perpetual cumulative preference shares Subordinated debt Reveal answer Fill a bubble to check yourself B Correct answer Explanation Tier II capital includes Revaluation reserves, Undisclosed reserves, Perpetual cumulative preference shares, Subordinated term debt and General provisions etc. Thus, option 2 is the correct answer.