English, asked by tanvimalik751, 10 months ago

Basel norms and frameworks are recent
in news, is related to which of the followin
sector ?
(A) Healthcare Sector
(B) Industrial Sector
(C) Banking Sector
(D) None of the above

Answers

Answered by adi12310

Answer:

option a . health care sector

Answered by brokendreams

ANSWER:

C : Banking Sector

EXPLANATION:

Basel norms are produced by Basel committee to tackle the risk in Banking. The "headquarters of Bureau" of "International Settlement" (BIS) is situated in Basel, Switzerland which ensures financial stability and "standards of banking regulations".

Basel in Switzerland fixes certain norms for the banking sector that every bank based on their system should satisfy their norms. They standardizes some activities and transactions of the bank.

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