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Capital Adequacy- Basel Norms
What is the primary objective of Basel Norms in banking regulation?
Basel Norms aim to ensure that banks maintain adequate capital to cover their risks, thereby promoting financial stability and soundness in the global banking system.
What is the full form of BCBS in banking regulation?
Basel Committee on Banking Supervision
Which international body issues the Basel Accords?
The Basel Committee on Banking Supervision (BCBS), housed at the Bank for International Settlements (BIS) in Basel, Switzerland, issues the Basel Accords.
In which city is the Bank for International Settlements (BIS) headquartered?
Basel, Switzerland
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