Which of the Following Is NOT a Function of the Bank

question 1

Multiple Choice

Which of the following is NOT a function of the Bank of Canada?  

• A) holding member banks' reserves on deposit 
• B) holding deposits of households and firms 
• C) issuing bank notes 
• D) serving as bankers to the federal government

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Definitions:

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Chief Components

The primary or most important parts that make up a system, structure, or compound.

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A U.S. state located in the southwestern region of the country, known for its desert climate, the Grand Canyon, and diverse landscapes.

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An organized group of people with at least somewhat similar political aims and opinions, that seeks to influence public policy by getting its candidates elected to public office.