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Consider the following statements regarding Financial Stability Board (FSB).
- The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system.
- It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF).
- Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.
How many of the above statements is/are correct?
- a)Only one
- b)Only two
- c)All three
- d)None
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding Financial Stability Board ...
The correct answer is option 'C' - All three statements are correct.
Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.
Let's break down each statement and provide more details:
1. The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system.
The Financial Stability Board (FSB) is an international body that was established to promote global financial stability. It monitors and makes recommendations about the global financial system to ensure its stability and resilience. The FSB operates as a coordinating body among various national financial authorities and international standard-setting bodies.
2. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF).
The Financial Stability Board (FSB) was indeed established after the G20 London summit in 2009. It was created as a successor to the Financial Stability Forum (FSF) to enhance international financial stability. The FSF was initially established in 1999, following the Asian financial crisis, to promote international financial stability through information exchange and cooperation among national authorities.
3. Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.
The Financial Stability Board (FSB) is hosted and funded by the Bank for International Settlements (BIS), which is an international financial institution based in Basel, Switzerland. The BIS provides institutional support to the FSB, including administrative support and funding. The FSB's headquarters are located in Basel, Switzerland, where it conducts its operations and holds its meetings.
In summary, all three statements regarding the Financial Stability Board (FSB) are correct. The FSB is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). The FSB is hosted and funded by the Bank for International Settlements and is based in Basel, Switzerland.
Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.
Let's break down each statement and provide more details:
1. The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system.
The Financial Stability Board (FSB) is an international body that was established to promote global financial stability. It monitors and makes recommendations about the global financial system to ensure its stability and resilience. The FSB operates as a coordinating body among various national financial authorities and international standard-setting bodies.
2. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF).
The Financial Stability Board (FSB) was indeed established after the G20 London summit in 2009. It was created as a successor to the Financial Stability Forum (FSF) to enhance international financial stability. The FSF was initially established in 1999, following the Asian financial crisis, to promote international financial stability through information exchange and cooperation among national authorities.
3. Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.
The Financial Stability Board (FSB) is hosted and funded by the Bank for International Settlements (BIS), which is an international financial institution based in Basel, Switzerland. The BIS provides institutional support to the FSB, including administrative support and funding. The FSB's headquarters are located in Basel, Switzerland, where it conducts its operations and holds its meetings.
In summary, all three statements regarding the Financial Stability Board (FSB) are correct. The FSB is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). The FSB is hosted and funded by the Bank for International Settlements and is based in Basel, Switzerland.
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Consider the following statements regarding Financial Stability Board ...
The Financial Stability Board (founded in 2009; HQ: Basel, Switzerland) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit (2009) as a successor to the Financial Stability Forum.
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Consider the following statements regarding Financial Stability Board (FSB). The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?
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Consider the following statements regarding Financial Stability Board (FSB). The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Financial Stability Board (FSB). The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Financial Stability Board (FSB). The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?.
Consider the following statements regarding Financial Stability Board (FSB). The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Financial Stability Board (FSB). The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Financial Stability Board (FSB). The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit as a successor to the Financial Stability Forum (FSF). Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?.
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