BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Where is the Secretariat office of FSB?

A	Paris, France
B	New York, USA
C	Basel, Switzerland
D	Nairobi, Kenya

Explanation:

Detailed explanation-1: -Its Secretariat is located in Basel, Switzerland, and hosted by the Bank for International Settlements. The FSB consists of a Plenary, a Steering Committee, and other committees and sub-groups as needed.

Detailed explanation-2: -The Financial Stability Board (FSB) has appointed John W Schindler as the new Secretary General of the FSB. Mr Schindler is currently Senior Associate Director at the US Federal Reserve Board’s Division of Financial Stability.

Detailed explanation-3: -India is an active Member of the FSB having three seats in its Plenary represented by Secretary (EA), Deputy Governor-RBI and Chairman-SEBI. Regular interaction with FSB takes place through periodic conference calls and meetings.

Detailed explanation-4: -These are the Financial Stability Board (FSB), the International Association of Insurance Supervisors (IAIS) and the International Association of Deposit Insurers (IADI).

There is 1 question to complete.