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The Central Bank & Monetary Policy · Question 9 of 58

Question 9

MediumOriginal question

Which of these is a function of a central bank but NOT of a commercial bank?

Options for question 9

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. The central bank controls credit for the whole economy; commercial banks deal with the public.

Concept
Controller of credit
Typical time
70 s
Your time
—
The rule this testsFunctions of the central bank
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Ten questions from The Central Bank & Monetary Policy, at your own pace.

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Ten questions from The Central Bank & Monetary Policy, at your own pace.

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