Economy
2015
Banking in India
RBI and Functions
‘Basel III Accord’ or simply ‘Basel III’, often seen in the news, seeks to
A.develop national strategies for the conservation and sustainable use of biological diversity
D.transfer technology from developed Countries to poor countries to enable them to replace the use of chlorofluorocarbons in refrigeration with harmless chemicals
C.reduce the greenhouse gas emissions but places a heavier burden on developed countries
B.improve banking sector’s ability to deal with financial and economic stress and improve risk management