The Reserve Bank of Australia Has Responsibility for Providing Depositor

question 19

Multiple Choice

The Reserve Bank of Australia has responsibility for providing depositor protection.This is seen as:

• A)a blanket guarantee for all deposits and a protection against all FIs' failure
• B)the RBA using its available powers in the interest of protecting depositors' funds
• C)deposit insurance for all FIs
• D)All of the listed options are correct.

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Definitions:

Servant Leader

A leadership philosophy in which the main goal of the leader is to serve. This is different from traditional leadership where the leader's main focus is the thriving of their company or organizations.

Altruistic Motivation

Being driven to act out of a desire to help others and improve their well-being without expecting anything in return.

Geniality

The quality of having a friendly and cheerful manner, often seen as desirable in leadership to create a positive work environment.

Servant Leader Behavior

A leadership philosophy which focuses on serving the needs of others first and foremost, with the leader prioritizing the well-being and development of their team members.