New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The headquarters of BIS is

    in
    A USA Correct Answer Incorrect Answer
    B UK Correct Answer Incorrect Answer
    C Switzerland Correct Answer Incorrect Answer
    D Germany Correct Answer Incorrect Answer
    E Hong Kong Correct Answer Incorrect Answer

    Solution

    BIS or Bank of International Settlement, was established in 1930. Its head office is in Basel, Switzerland and it has two representative offices: in Hong Kong SAR and in Mexico City. BIS serves central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks.

    Practice Next

    Relevant for Exams: