Which of the following statement is correct?
A) The BIS attempts to facilitate cooperation among countries with regard to international transactions.
B) The BIS provides assistance to countries experiencing a financial crisis.
C) The BIS is sometimes referred to as the 'central banks' central bank' or the 'lender of last resort'.
D) All of the above.

Question

Quizplus · Accepted Answer

The BIS is an international organization that fosters cooperation among central banks and other financial institutions. It provides assistance to countries experiencing a financial crisis and is often referred to as the 'central banks' central bank' or the 'lender of last resort'.

Which of the Following Statement Is Correct