The exercise is to decide whether the question accepts the proposed suggestion as a correct answer. If yes, write "True", otherwise write "False".
Question: how many percent is a basis point
Suggestion: A basis point (often denoted as bp, colloquially referred to in the plural as "bips", also known as a "beep") is a unit equal to one hundredth of a percentage point , or one part per ten thousand , 1/10000.
