The Basel Committee on Banking Supervision prescribes risk-based standards for capital adequacy and liquidity. Which of the following is a goal stipulated by the Basel Committee? [I] Improve the consistency of capital requirements across banks in different countries [II] Encourage a greater level of risk management practices especially among international financial institutions [III] Increase the deposit insurance coverage for all banks [IV] Make regulatory capital more risk sensitive [V] Increase the spread between the deposit rate and the lending rate so as to improve the net interest margin of banks [VI] Ensure that banks have sufficient high-quality liquid assets to cover their net cash flows

Question options: OPTION 4 IS WRONG

1)

I, III, V

2)	II, III, IV, V

3)	I, II, IV, VI

4)	All are correct (WRONG)