Basel Norms Quiz
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Questions and Answers

What are Basel norms?

  • Local banking regulations
  • Investment regulations
  • Insurance regulations
  • International banking regulations (correct)
  • What is the goal of Basel norms?

  • Controlling inflation rates
  • Limiting global trade
  • Increasing government spending
  • Strengthening the international banking system (correct)
  • When was the Basel Committee on Banking Supervision established?

  • 1974 (correct)
  • 2005
  • 1985
  • 1999
  • How many members does the Basel Committee on Banking Supervision have?

    <p>45 members</p> Signup and view all the answers

    What is the role of the Basel Committee on Banking Supervision?

    <p>Standard setter for the prudential regulation of banks</p> Signup and view all the answers

    What are Basel norms?

    <p>International banking regulations</p> Signup and view all the answers

    What is the goal of Basel norms?

    <p>Strengthening the international banking system</p> Signup and view all the answers

    When was the Basel Committee on Banking Supervision established?

    <p>1974</p> Signup and view all the answers

    How many members does the Basel Committee on Banking Supervision have?

    <p>45</p> Signup and view all the answers

    What is the primary role of the Basel Committee on Banking Supervision?

    <p>Global standard setter for the prudential regulation of banks</p> Signup and view all the answers

    Study Notes

    Basel Norms

    • Basel norms are a set of international banking regulations issued by the Basel Committee on Banking Supervision (BCBS)
    • The goal of Basel norms is to strengthen the stability of the international banking system by establishing common standards for banking regulation and supervision

    Basel Committee on Banking Supervision

    • The Basel Committee on Banking Supervision (BCBS) was established in 1974 by the central bank governors of the G10 countries
    • The BCBS has 45 member countries, making it the primary global standard-setter for the prudential regulation of banks
    • The primary role of the BCBS is to provide a forum for cooperation on banking supervisory matters, and to set international standards for banking regulation and supervision

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    Description

    Test your knowledge of international banking regulations with this quiz on Basel Norms. Challenge yourself with questions about the Basel Committee on Banking Supervision, coordination of banking regulations, and the goal of strengthening the international banking system.

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