'Basel III Accord' or simply 'Basel III', often seen in the news, seeks to
Adevelop national strategies for the conservation and sustainable use of biological diversity
Bimprove banking sector's ability to deal with financial and economic stress and improve risk management
Creduce the greenhouse gas emissions but places a heavier burden on developed countries
Dtransfer technology from developed countries to poor countries to enable them to replace the use of chlorofluorocarbons in refrigeration with harmless chemicals
Answer & Solution
Correct answer: B. improve banking sector's ability to deal with financial and economic stress and improve risk management
UPSC CSE Prelims 2015 (GS-I, Set A), Q.65. Official answer key: B.
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