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    Question

    Basel committee on Banking Supervision (BCBS) was

    established in _______.
    A 1947 Correct Answer Incorrect Answer
    B 1974 Correct Answer Incorrect Answer
    C 1991 Correct Answer Incorrect Answer
    D 2001 Correct Answer Incorrect Answer
    E 2004 Correct Answer Incorrect Answer

    Solution

    The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the prudential regulation of banks and provides a forum for regular cooperation on banking supervisory matters for the central banks of different countries. It was established by the Central Bank governors of the Group of Ten countries in 1974.

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