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GS Paper IUPSC Prelims 2015
Indian Economic Planning & Growth
Question No. 181Interactive Test Mode
00:00
+2-0.66

Q181. ‘Basel III Accord’ or simply ‘Basel III’ often seen in the new, seeks to:

‘Basel III Accord’ or simply ‘Basel III’ often seen in the new, seeks to:

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 2015 • Indian Economy

Correct Answer: Option (B) — improve banking sector’s ability to deal with financial and economic stress and improve risk management

Concept & Option Breakdown

Standard Reference Verified

The Basel III Accord is an internationally agreed set of regulatory measures developed by the Basel Committee on Banking Supervision (BCBS) in response to the global financial crisis of 2007–08. It aims to strengthen bank capital requirements, improve liquidity profiles, limit leverage, and enhance risk management practices across the global banking sector.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2015 (Q181)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Indian Economic Planning & Growth
Official Answer KeyOption (B) — improve banking sector’s ability to deal with financial and economic stress and improve risk management

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Frequently Asked Questions — UPSC Prelims 2015 Q181

What is the official answer for UPSC Prelims 2015 GS Paper I Question 181 (Indian Economy)?

The official UPSC answer key for this 2015 Indian Economy (Indian Economic Planning & Growth) question is Option (B): "improve banking sector’s ability to deal with financial and economic stress and improve risk management". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2015 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Indian Economic Planning & Growth". You can explore all repeated questions from Indian Economic Planning & Growth in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Indian Economic Planning & Growth UPSC Prelims question using option elimination?

To solve Indian Economic Planning & Growth questions in UPSC Prelims, identify extreme modifiers, verify core NCERT conceptual definitions, and eliminate mutually contradictory statement pairs before locking your final option.

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Previous QuestionWhen the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?
Next QuestionWith reference to Indian economy, consider the following: 1. Bank rate 2. Open market operations 3. Public debt 4. Public Revenue Which of the above is/are component/components of Monetary Policy?