Which of the Following Are Functions of a Central Bank

question 18

Multiple Choice

Which of the following are functions of a central bank?

• A) regulating banks
• B) clearing checks
• C) acting as lender of last resort
• D) all of the above

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Definitions:

Civil Penalties

Fines or other penalties imposed by a governmental entity as punishment for violating particular civil laws, not constituting criminal sanctions.

Criminal Penalties

Sanctions or punishments imposed by law for the commission of criminal acts, such as fines, probation, or imprisonment.

Aesthetic and Massage Commission

A regulatory body overseeing licensing, practice standards, and ethics for professionals in aesthetics and massage therapy; may not exist under this specific name.

DUI Charge

A legal charge for driving under the influence of alcohol or drugs, impacting the driver's ability to safely operate a vehicle.