Central Bank Functions

Descripción

2016 (Section 5 - Financial Sector) CSEC Economics Test sobre Central Bank Functions, creado por Nikolas Reece el 19/05/2016.
Nikolas Reece
Test por Nikolas Reece, actualizado hace más de 1 año
Nikolas Reece
Creado por Nikolas Reece hace alrededor de 8 años
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Resumen del Recurso

Pregunta 1

Pregunta
Which of the following market structures best describes the commercial banking sector of Trinidad and Tobago
Respuesta
  • oligopoly
  • perfect competition
  • monopoly
  • monopolistic competition

Pregunta 2

Pregunta
One of the functions of the Central Bank is to
Respuesta
  • Provide businesses with capital
  • Provide aid to countries in need
  • Accept deposits from members of the public
  • Manage the issue of treasury bills

Pregunta 3

Pregunta
Which of the following is NOT a function of the central bank?
Respuesta
  • It accepts deposits
  • It is a banker for the government
  • It makes loans for commercial banks
  • It issues foreign currency

Pregunta 4

Pregunta
Which of the following is referred to as the banker’s bank?
Respuesta
  • The World Bank
  • The Central Bank
  • A commercial bank
  • An investment bank

Pregunta 5

Pregunta
“The Central Bank will manage the foreign exchange rate and the reserves levels.”. Which of the following functions of the Central Bank below best describe the statement above:
Respuesta
  • Lender of last resort
  • Implements monetary policy
  • Banker to the government
  • Manage foreign exchange

Pregunta 6

Pregunta
“The Central Bank manages economic policies which influence the money supply in the economy such as interest rates and bank reserve levels.” Which of the following functions of the Central Bank below best describe the statement above:
Respuesta
  • Lender of last resort
  • Implements monetary policy
  • Banker to the government
  • Manage foreign exchange

Pregunta 7

Pregunta
“The central bank must always be prepared to help commercial banks when they face liquidity problems’”. Which of the following functions of the Central Bank below best describe the statement above:
Respuesta
  • Lender of last resort
  • Implements monetary policy
  • Banker to the government
  • Manage foreign exchange

Pregunta 8

Pregunta
The present Governor of the Central Bank of Trinidad and Tobago is
Respuesta
  • Dr. Alvin Hilaire
  • Dr. Keith Rowley
  • Colm Imbert
  • Jawala Rambarran
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