Which of the Following Is One of the Functions of the Bank

question 143

Multiple Choice

Which of the following is one of the functions of the Bank of Canada?

• A)to maximize profits on behalf of its shareholders
• B)to act as a lender of last resort
• C)to convert currency into gold
• D)to bail out troubled commercial banks

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Definitions:

Princess Yongtai

A Tang Dynasty princess known for her tragic early death, her tomb is celebrated for its beautifully preserved mural paintings.

Six Dynasties

A period in Chinese history (220–589 CE) known for its fragmentation into six successive dynasties in the south, coexisting with the Northern dynasties.

Unified Sillan

Refers to the period or condition of unification in the history of the Silla dynasty in Korea.

Shakyamuni Buddha

The historical founder of Buddhism, Siddhartha Gautama, who attained enlightenment and is known as the Buddha.