Basel III norms primarily focus on: MCQ with Answer and Explanation

Basel III norms primarily focus on:
A. priority sector lending
B. agricultural credit
C. interest rate deregulation
D. capital adequacy, leverage and liquidity of banks
Answer: Option D
Solution (By JKSSB Mock Tests)
Basel III norms strengthen capital adequacy, leverage and liquidity requirements for banks.

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Practice More Economy Set 1 Questions

Question #1
Bharat Broadband Network Limited is associated with:
A. road construction
B. National Optical Fibre Network
C. rural water supply
D. port development

Correct Answer: Option B


Explanation:
Bharat Broadband Network Limited implements the National Optical Fibre Network for broadband connectivity.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a tertiary sector activity?
A. Software services
B. Construction
C. Mining
D. Agriculture

Correct Answer: Option A


Explanation:
Software services are part of the tertiary or services sector.

This question belongs to: Economy GK Economy Set 1
Question #3
Which Sustainable Development Goal relates to decent work and economic growth?
A. SDG 13
B. SDG 8
C. SDG 5
D. SDG 17

Correct Answer: Option B


Explanation:
SDG 8 promotes sustained, inclusive economic growth and decent work for all.

This question belongs to: Economy GK Economy Set 1