Financial Awareness - Risk, Stability & Emerging Finance
Basel Norms, adopted by Indian banks, primarily aim to improve which aspect of banking?
Basel Norms, adopted by Indian banks, primarily aim to improve which aspect of banking?
easy Q13 of 15
Step-by-Step Solution
Step 1: Identify the purpose of Basel Norms
Basel Norms are international banking regulations focused on capital adequacy, risk management, and supervisory standards.Step 2: Analyze options
Basel Norms do not deal with customer service, interest rates, or deposit insurance but ensure banks maintain adequate capital to cover risks.Final Answer:
Capital adequacy and risk management → Option CQuick Check:
Basel Norms = capital adequacy and risk management ✅
Quick Trick: Remember Basel = Capital + Risk norms globally.
Common Mistakes:
- Confusing Basel Norms with customer service or deposit insurance rules.
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