The Regulatory Body That Oversees the Operations of Financial Institutions

question 24

Multiple Choice

The regulatory body that oversees the operations of financial institutions such as banks and building societies in Australia is:

• A) ASIC.
• B) ASX.
• C) ATO.
• D) APRA.

---

Definitions:

Afferent Neurons

Nerve cells that carry sensory information from the body's periphery to the central nervous system.

Stretch Reflex

A muscle contraction in response to stretching within the muscle, serving as a protective mechanism to prevent overstretching.

Golgi Tendon Reflex

A protective reflex mechanism that helps prevent muscle damage by causing muscle relaxation before muscle force becomes too extreme.

Muscle Spindle

A sensory receptor located within muscle, which detects changes in muscle length and tension.