Multiple choice

Bank of International Settlements (or BIS) is an international organization of central banks which exists to “foster cooperation among central banks and other agencies in pursuit of monetary and financial stability”. It was an outcome of the Hague convention of

  1. 1945

  2. 1930

  3. 1928

  4. 1948

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Bank for International Settlements (BIS) was indeed established in 1930 as an outcome of the Hague Convention to foster monetary and financial stability.