{"id":91303,"date":"2025-06-01T10:52:13","date_gmt":"2025-06-01T10:52:13","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91303"},"modified":"2025-06-01T10:52:13","modified_gmt":"2025-06-01T10:52:13","slug":"basel-iii-accord-or-simply-basel-iii-often-seen-in-the-news-seek","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/basel-iii-accord-or-simply-basel-iii-often-seen-in-the-news-seek\/","title":{"rendered":"‘Basel III Accord’ or simply ‘Basel III’, often seen in the news, seek"},"content":{"rendered":"

‘Basel III Accord’ or simply ‘Basel III’, often seen in the news, seeks to<\/p>\n

[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″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC IAS – 2015<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe correct option is B.
\n<\/section>\n
\nThe Basel III Accord is a set of international banking regulations developed by the Bank for International Settlements (BIS) through the Basel Committee on Banking Supervision (BCBS). It was developed in response to the global financial crisis of 2007-08. Basel III aims to improve the regulation, supervision, and risk management within the banking sector. Key objectives include strengthening bank capital requirements, enhancing liquidity standards, and controlling leverage, thereby improving the banking sector’s ability to absorb shocks arising from financial and economic stress.
\n<\/section>\n
\nBasel I and Basel II were earlier versions of these accords focusing primarily on capital requirements and risk management. Basel III builds upon these, introducing more stringent requirements and new measures related to liquidity and leverage to create a more resilient banking system.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

‘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” … <\/p>\n

Detailed Solution‘Basel III Accord’ or simply ‘Basel III’, often seen in the news, seek<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1443,1120,1386],"class_list":["post-91303","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1443","tag-economic-development","tag-tertiary-sector","no-featured-image-padding"],"yoast_head":"\n'Basel III Accord' or simply 'Basel III', often seen in the news, seek<\/title>\n<meta name=\"description\" content=\"The correct option is B. The Basel III Accord is a set of international banking regulations developed by the Bank for International Settlements (BIS) through the Basel Committee on Banking Supervision (BCBS). It was developed in response to the global financial crisis of 2007-08. Basel III aims to improve the regulation, supervision, and risk management within the banking sector. Key objectives include strengthening bank capital requirements, enhancing liquidity standards, and controlling leverage, thereby improving the banking sector's ability to absorb shocks arising from financial and economic stress.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/basel-iii-accord-or-simply-basel-iii-often-seen-in-the-news-seek\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"'Basel III Accord' or simply 'Basel III', often seen in the news, seek\" \/>\n<meta property=\"og:description\" content=\"The correct option is B. The Basel III Accord is a set of international banking regulations developed by the Bank for International Settlements (BIS) through the Basel Committee on Banking Supervision (BCBS). It was developed in response to the global financial crisis of 2007-08. Basel III aims to improve the regulation, supervision, and risk management within the banking sector. 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