BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Expand the term BCBS. [Corporation Bank 2011]
A
Bank’s Committee on Banking Supervision
B
Basel Committee on Banking Supervision
C
Bank’s Commission on Banking Supervision
D
Basel Commission on Banking Supervision
Explanation: 

Detailed explanation-1: -The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the prudential regulation of banks and provides a forum for regular cooperation on banking supervisory matters. Its 45 members comprise central banks and bank supervisors from 28 jurisdictions.

Detailed explanation-2: -The Blue Cross Blue Shield System is made up of 34 independent and locally operated companies. To access your member services, please visit your BCBS company. Find my BCBS company. Member Discounts Take advantage of member-only discounts on health-related products and services.

Detailed explanation-3: -The Basel Committee on Banking Supervision (BCBS) is a pivotal standard-setter in the banking sector, mandated to strengthen the regulation, supervision and practices of banks worldwide. It has a specific focus on large, internationally active banks.

Detailed explanation-4: -The Basel Committee on Banking Supervision (BCBS) is an international committee formed to develop standards for banking regulation. As of 2022, it is made up of Central Banks and other banking regulatory authorities from 28 jurisdictions and has 45 members. 1.

There is 1 question to complete.