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      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.

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