December 2014

1:

What is true about the Basel Committee on Banking Supervision (BCBS)?

i) BCBS is an Indian National Committee of banking supervisory authority.

(ii) BCBS was established by a group of 19 nationalized commercial banks.

(iii) BCBS was established in 1996.

(iv) It provides a forum for regular cooperation on banking supervisory matters.

A.

(i) and (ii) only

B.

(ii) and (iii) only

C.

(iii) and (iv) only

D.

(iv) only

 

Answer : D

Explanation :

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Option: A

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