‘Basel III Accord’ or simply ‘Basel III’, often seen in the news, seeks to
[amp_mcq option1=”develop national strategies for the conservation and sustainable use of biological diversity” option2=”improve banking sector’s ability to deal with financial and economic stress and improve risk management” option3=”reduce the greenhouse gas emissions but places a heavier burden on developed countries” option4=”transfer technology from developed countries to poor countries to enable them to replace the use of chlorofluorocarbons in refrigeration with harmless chemicals” correct=”option2″]
This question was previously asked in
UPSC IAS – 2015