RBI governor Urjit Patel is BIS board member

Q.  RBI Governor Urjit Patel was appointed to which advisory board?
- Published on 17 Nov 17

a. Financial Stability Institute Advisory Board (FSAB)
b. Bank of International Settlement (BIS).
c. Federal Reserve (FED)
d. Ministry of Finance (MOF)

ANSWER: Financial Stability Institute Advisory Board (FSAB)
 
RBI governor Urjit Patel is BIS board memberRBI Governor Urjit Patel was appointed to Financial Stability Institute Advisory Board (FSAB) of the Bank of International Settlement (BIS).

BIS is international financial organisation owned by 60 member central banks across world.

Bank of International Settlement
  • The Bank for International Settlements is an international financial institution owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks"
  • Headquarters: Basel, Switzerland
  • Founded: 17 May 1930
  • CEO: Jaime Caruana (1 Apr 2009-)
  • Membership: 60 central banks
  • Purpose: Central bank cooperation
  • Location: Basel, Switzerland

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