Basel Process Institution
CMAT 2026 · General Knowledge · Medium · Economics
Which of the following institutions is responsible to promote international cooperation among monetary authorities and financial supervision of officials through the Basel process?
- A.
Bank for International Settlements
- B.
International Finance Corporation
- C.
International Monetary Fund
- D.
International Development Association
Answer
A
Explanation
The Bank for International Settlements (BIS) hosts the Basel Committee on Banking Supervision and facilitates the Basel process.
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