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