Guidelines for preparation of Assignments 1. Attempt all questions 2. The assignments constitute the continuous component of the evaluation process and have 10% weightage in the final grading. 3. Assignments should be submitted on or before the last date mentioned above 4. Prepare the Assignments in handwritten mode and in the assignment book itself. Photocopies/printouts of assignments are not allowed. 5. Copying of assignments from friends/word by word copies of downloaded materials and without proper source information is not acceptable. Those assignments will be awarded zero grades. Answer each question 250-300 words. Total 1000 1500 words Along with the IMF and the World Bank, the Bank for International Settlements (BIS) is an important international financial institution. The BIS, however, is perhaps the least known and understood of the three institutions. Internet URL: http://www.bis.org Title: The Bank for International Settlements Navigation: Begin at the home page for the BIS located at the Internet URL provided above Click on the "About BIS" link. Next click on "The BIS in Profile" in the Related Information window. Application: After reading the document titled "The BIS in Profile" and all its parts, answer the following questions. 1. When was the BIS founded, and what is unique about the BIS as an international finan- cial organization? 2. What are the primary services of the BIS? 3. Approximately how many central banks and financial institutions have deposits with the BIS? What is the approximate staff size of the BIS, and from how many nations does the staff come? 4. Approximately what percentage of the world's foreign exchange reserves is held by the BIS