The British Broadcasting Corporation (BBC) Is Owned by

question 61

Multiple Choice

The British Broadcasting Corporation (BBC) is owned by

• A)the government, but it is allowed to report whatever it wants.
• B)a private corporation, but it is not allowed to report anything without first receiving government approval.
• C)the government and is not allowed to report anything without first receiving government approval.
• D)a private corporation and is allowed to report whatever it wants.

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Definitions:

Vault Cash

The physical currency that a bank holds in its vault and automatic teller machines (ATMs) as a part of its reserves.

Required Reserve Ratio

The fraction of deposits that regulators require a bank to hold in reserve and not lend out.

Reserves

Funds or material set aside or saved for future use, often used in the context of central banking as currency holdings or commodities like gold.

Government Bonds

Government Bonds are securities issued by governments to borrow money from investors, promising to pay back the principal amount with interest on specified dates.