Question

Which aspect of the financial system do the Basel Norms focus on?

विकल्प

• Commodity market 

• Share market

• Insurance 

• Banking

Answer 1

Banking

Explanation:

In an effort to strengthen the global banking system, the Basel rules are a global effort to harmonize banking regulations. It is the set of the Basel Committee on Banking Supervision's agreement that focuses on the threats to banks and the financial system.