A) develop national strategies for the conservation and sustainable use of biological diversity
B) improve banking sector's ability to deal with financial and economic stress and improve risk management
C) reduce the Greenhouse Gas emission but places a heavier burden on developed countries
D) transfer technology from developed countries to poo' countries to enable them to replace the use c"
Correct Answer: B
Solution :
Exp. [b] According to Basel Committee on Banking Supervision, "Basel III is a comprehensive set of reform measures, developed by the Basel Committee on Banking Supervision, to strengthen the regulation, supervision and risk management of the banking sector". Basel III or Basel 3 released in December, 2010 is the third in the series of Basel Accords. These accords deal with risk management aspects for the banking sector.
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