Question Details

Detailed explanation and options for the selected question.

What is the main purpose of the Basel Accords?

A. To promote international banking regulations
B. To facilitate cross-border trade
C. To set exchange rate policies
D. To regulate the taxation of banks

Explanation:

The Basel Accords are international frameworks for banking regulation, focusing on risk management and capital adequacy. The other options are unrelated to the Basel Accords.