What is the primary difference between Basel II and Basel III in terms of capital requirements? a$.$

Basel II required banks to maintain a minimum Tier $1$ capital ratio, whereas Basel III removed this requirement

b$.$

Basel III introduced stricter capital requirements, including higher Tier $1$ capital ratios and the introduction of a capital conservation buffer

c$.$

Basel III introduced the concept of risk$-$weighted assets, which was not present in Basel II