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Management · Q844

International Finance and Treasury

Graduate and Post Graduate · Management · question 844

Q844

Which of the following statement is true for BIS (Banks for International Settlement)?

A.
It seeks to promote global cooperation between countries. It also helps nations suffering from a financial crisis
B.
It is sometimes called 'the central bank of central banks' or 'the last resort lender'
C.
Both A and B are correct
Answer
D.
Both A and B are incorrect

Answer: Option C

Solution

Answer: Option C
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