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Which organisation is known as the central bank of central banks ?

  • A.World Bank
  • B.Bank for International Settlements
  • C.International Monetary Fund
  • D.Asian Development Bank

Answer: A

Correct answer: Bank for International Settlements

The BIS, founded in 1930 and based in Basel, provides banking services to central banks and hosts the committees that set international standards. The Basel norms on bank capital take their name from it.

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