The Bank of Canada Performs All of the Following Functions

question 59

Multiple Choice

The Bank of Canada performs all of the following functions except one.Which is the exception?  

• A) making loans to banks 
• B) clearing cheques for banks 
• C) holding deposits of banks 
• D) minting Canadian coins

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Definitions:

Glucose

An elementary sugar which is a significant source of energy within living beings and is involved in the formation of lots of carbohydrates.

Primary Energy Source

The main fuel used by cells to generate ATP, such as glucose in humans for aerobic metabolism.

Carbohydrates

Organic compounds consisting of carbon, hydrogen, and oxygen, typically found in foods and used as a source of energy.

Lipids

Lipids are a broad group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins, and other related compounds, essential for energy storage and cell membrane structure.