One of the Major Reform Measures of the Basel III

question 40

True/False

One of the major reform measures of the Basel III is to improve risk management and governance of the banking system.

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Definitions:

University Professor

An academic and educator who teaches students in colleges or universities and engages in scholarly research.

Curse Of Knowledge

A cognitive bias that occurs when an individual, possessing a particular knowledge, finds it difficult to think about problems from the perspective of lesser-informed people.

Mentally Simulate

The process of imagining or visualizing a scenario or sequence of actions in one's mind, often used to prepare for actual performance or to foresee outcomes.

Great Person Theory

A leadership theory that suggests history is shaped by the actions of extraordinary leaders with unique qualities.