πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      What does BCBS stand

      for?
      A Basel Committee on Banking Settlements Correct Answer Incorrect Answer
      B Basel Committee on Banking Supervision Correct Answer Incorrect Answer
      C Basel Cooperation for Banking Support Correct Answer Incorrect Answer
      D Basel Cooperation for Banking Stability Correct Answer Incorrect Answer
      E Basel Committee on Banking Stability Correct Answer Incorrect Answer

      Solution

      Basel Committee on Banking Supervision (BCBS) is headquartered at Bank for International Settlement (BIS), Basel, Switzerland. The committees has given Basel Accord which is a set of global voluntary regulatory framework for banking supervision to ensure financial stability. Till date, the BCBS has released three Basel Accords known as Basel 1, Basel 2 and Basel 3. Currently the BASEL 3 is applicable

      Practice Next

      Relevant for Exams:

      ask-question