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:

Lens

A transparent structure in the eye that focuses light onto the retina to produce clear images.

Elongated Eye

A condition often associated with myopia, where the eyeball is longer than normal, causing light to focus in front of the retina.

Nearsightedness

A common vision condition in which close objects are seen clearly, but objects farther away appear blurred.

Far Objects

Items or entities that are physically distant from the observer or point of reference.