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Which organization, headquartered in Basel, Switzerland, is often called the 'central bank of central banks'?

  • A European Central Bank
  • B Bank for International Settlements
  • C International Monetary Fund
  • D World Bank
Correct Answer: Option B — Bank for International Settlements
Explanation:
The Bank for International Settlements (BIS), based in Basel, Switzerland, fosters international monetary and financial cooperation among the world's central banks.
Submitted by: PaperMCQs
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