Each of the Following Is a Special Function Performed by FIs

question 98

Multiple Choice

Each of the following is a special function performed by FIs at a macro level EXCEPT

• A)transmission of monetary policy.
• B)credit allocation.
• C)intergenerational wealth transfers or time intermediation.
• D)denomination intermediation.
• E)interbank lending and investing.

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Definitions:

Structural Differentiation

Refers to the process within an organization where departments or sections are created to specialize in tasks for efficiency and adaptation.

Poorly Set Objectives

Goals that are not clearly defined, realistic, or aligned with broader organizational aims, leading to confusion and inefficiency.

Reward Systems

Mechanisms established by organizations to incentivize and recognize employee performance, aiming to enhance motivation, productivity, and job satisfaction.

Antecedent Conditions

Circumstances or events that exist or occur before a particular event, often contributing to its outcome.