New FLASH SALE Dhamaka - Flat 60% Off on All Courses

    Question

    Which of the following activities is NOT included in the

    functions of the Bank for International Settlements (BIS)?
    A Standardisation Correct Answer Incorrect Answer
    B Certification Correct Answer Incorrect Answer
    C Hallmarking Correct Answer Incorrect Answer
    D Product testing in laboratories Correct Answer Incorrect Answer
    E Currency Exchange Correct Answer Incorrect Answer

    Solution

    The Bank for International Settlements (BIS) serves central banks in their pursuit of monetary and financial stability, fosters international cooperation in those areas and acts as a bank for central banks. Its activities include standardisation, certification, hallmarking, and product testing in laboratories.

    Practice Next

    Relevant for Exams: