MCQOPTIONS
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| 1. |
Which among the following is NOT true about BASEL? |
| A. | Initially it was named as Committee of Banking Regulations and Supervisory Practices (CBRS) |
| B. | BASEL was established by the Central Bank Governors of fifteen countries |
| C. | It was established by the end of 1974 |
| D. | Disturbances in international currency and banking markets were responsible for its establishment |
| Answer» C. It was established by the end of 1974 | |