Economics • Banking & FinanceEasy
What does 'Basel III' norms primarily deal with in the banking sector?
A. Cybersecurity and data localization
B. Capital adequacy, stress testing, and market liquidity risk✓ Correct Answer
C. Cross-border taxation and anti-money laundering
D. Customer grievance redressal mechanisms
💡 Solution & Explanation
Basel III guidelines establish international banking regulations focusing on capital adequacy ratios, rigorous stress testing, and robust market liquidity risk management. Cybersecurity and customer grievances are regulated separately by domestic monetary authorities and legislative frameworks.
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