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      Question

      What was BASEL Committee on Banking Supervision

      established?
      A 1970 Correct Answer Incorrect Answer
      B 1971 Correct Answer Incorrect Answer
      C 1972 Correct Answer Incorrect Answer
      D 1974 Correct Answer Incorrect Answer

      Solution

      The Basel Committee on Banking Supervision (BCBS) was established in 1974 by the central bank governors of the Group of Ten (G10) countries. The committee was created as a forum to discuss banking supervisory matters.

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