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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