Basel II relates to which one of the following?
- International standards for safety in civil aviation
- Measures against cyber crimes
- Measures against drug abuse by sportspersons
- International standards for measuring the adequacy of a bank’s capital
Explanation
Option (d) is correct
- Basel Committee on Banking Supervision introduced Basel II as a framework to strengthen banking regulation and financial stability. It lays down international standards for capital adequacy, risk management, and banking supervision to ensure that banks maintain sufficient capital against various financial risks.
