banking roles Flashcards

1
Q

Complete the following statement: The role of central banks includes:
Lending to other _____ 
Lending to the _______
Implementing ______ by manipulating the base ______ rate and the money _____.

A

Lending to other banks

Lending to the government

Implementing monetary policy by manipulating the base interest rate and the money supply .

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2
Q

Complete the following statement: One additional role of central banks is to the banking industry.

A

Complete the following statement: One additional role of central banks is to regulate the banking industry.

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3
Q

What is the name of the strict set of financial regulation rules imposed by the Federal Reserve in America in 2011 ?

A

The strict set of financial regulations imposed on US banks by the Federal Reserve in 2011 was called Basel III.

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4
Q

Which of the following did US Federal Reserve do in 2011?

A

The strict set of financial regulations imposed on US banks by the Federal Reserve in 2011 was called Basel III.

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