2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Japan
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USA
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India
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China
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Detailed explanation-1: -BEIJING - China’s financial regulators have issued a plan to advance standardization of the financial sector over the 14th Five-Year Plan period (2021-2025).
Detailed explanation-2: -Notes: China’s four government agencies including its central bank published a five-year plan for financial standardisation The plan is to be implemented during the 2021-2025 period.
Detailed explanation-3: -In the Fifth Five-Year Plan, for the first time, the financial sector was included as an integral part of the Plan.
Detailed explanation-4: -China’s regulators issued the “14th Five-Year Plan for Financial Standardization.” The plan sets quantitative targets on the number of financial standards issued by 2025 in a broad set of areas, including fintech, green finance, securities and futures, and international finance.