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Commerce · Q754

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 754

Q754

What is true about the Basel Committee on Banking Supervision (BCBS)? 1. BCBS is an Indian National Committee of banking supervisory authority. 2. BCBS was established by a group of 19 nationalized commercial banks. 3. BCBS was established in 1996. 4. It provides a forum for regular cooperation on banking supervisory matters.

A.
1 and 2 only
B.
2 and 3 only
C.
3 and 4 only
D.
4 only
Answer

Answer: Option D

Solution

Answer: Option D
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