Which Pillar of the Basel Accord Requires Quantitative Disclosures for Capital

question 39

Multiple Choice

Which pillar of the Basel Accord requires quantitative disclosures for capital structure, capital adequacy and risk exposure so market participants are able to undertake a meaningful comparison of DIs and their risk-based performance?

• A)Pillar 1
• B)Pillar 2
• C)Pillar 3
• D)all pillars

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Definitions:

Gettysburg and Vicksburg

Two significant battles during the American Civil War in 1863, with Gettysburg marked as a turning point in the war's eastern theater and Vicksburg's siege pivotal in the west.

Union

An organization of workers formed to protect and advance their rights and interests; also refers to the act of uniting or the state of being united.