An Example of "Interbank Activities" in the Canadian Banking System

question 37

Multiple Choice

An example of "interbank activities" in the Canadian banking system is

• A)jointly regulating financial markets.
• B)jointly regulating the money supply.
• C)lender of last resort to the banking system.
• D)banks lending money to each other in order to meet daily cash requirements.
• E)banks pooling their money together to fund the operations of the Bank of Canada.