Basel II relates to which one of the following?

Basel II is part of the Basel Accords — a set of international standards formulated by the Basel Committee on Banking Supervision to ensure banks hold adequate capital to meet obligations and absorb unexpected losses. The framework revised and expanded the original (Basel I) capital-measurement system, introducing a three-pillar approach and strengthening the rules for measuring minimum capital requirements and supervisory review of banks’ capital adequacy [1]. The Bank for International Settlements’ Basel II documentation explicitly describes the Framework as a revised standard for measuring capital adequacy and minimum capital standards to be adopted by national supervisors [2]. Regional FAQs likewise summarize Basel II as international rules to assess bank capital adequacy [3].

Sources

1. [1] Indian Economy, Vivek Singh (7th ed. 2023-24) > Chapter 2: Money and Banking- Part I > 2.20 BASEL Norms > p. 93
2. [2] https://www.bis.org/publ/bcbs118.htm
3. [3] https://www.eccb-centralbank.org/basel-ii-iii-faqs