Which aspect of the financial system do the Basel Norms focus on ........

General Studies (MTS) Indian Economy

Which aspect of the financial system do the Basel Norms focus on?

This questions was previously asked in

SSC MTS 26th October 2021 Shift-3

Share market

Insurance

Banking

Commodity market

- Option 1: Share Market:

- The share market involves the buying and selling of stocks.

- It focuses on equity investments and securities trading.

- Option 2: Insurance:

- Insurance involves the transfer and management of risk.

- It includes health, life, property, and casualty coverage.

- Option 3: Banking:

- The Basel Norms focus on the banking sector.

- They aim to strengthen bank regulations, risk management, and supervision globally.

- Implemented by the Basel Committee on Banking Supervision to maintain financial stability.

- Option 4: Commodity Market:

- This market deals with buying and selling of raw materials.

- Commodities include metals, energy, and agricultural products.

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