Which of the Following Is Not a Role of a Central

question 8

Multiple Choice

Which of the following is not a role of a central bank such as the Bank of England.?

• A) Manage government finances.
• B) Be the banker to commercial banks.
• C) Hold foreign exchange reserves.
• D) Be the banker to the general public.

Understand regulatory responses to financial crises and their intended effects on preventing future crises.

Understand the role and impact of creative project funding platforms like Kickstarter.

Recognize the characteristics and functions of different financial institutions and services.

Identify the characteristics of finance companies including their interest rates and requirements.

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Definitions:

Resources

Assets, material or nonmaterial, that individuals or groups have access to and can use for support, survival, or to achieve goals.

Ethics

A branch of philosophy that deals with questions about morality and the principles that govern right and wrong conduct.

Hypothesis

A tentative explanation or prediction that can be rigorously tested through systematic investigation and experimentation.

Social Psychology

The academic examination of individual thoughts, emotions, and actions within a societal setting.