Chapter+01+Answers+to+extra+questions

Chapter+01+Answers+to+extra+questions - Appended Questions:...

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Appended Questions: 1. Week 1 The following questions are based on chapter 1 and 1.A: 1) Which of the following statements is true? A. APRA is responsible for market integrity and consumer protection across the financial system. B. The RBA is responsible for prudential supervision. C. ASIC is responsible for monetary policy and for overall financial system stability. D. APRA is responsible for market integrity and consumer protection across the financial system and ASIC is responsible for monetary policy and for overall financial system stability. E. None of the given answers. Answer: E 2) APRA’s aim is to develop prudential policies that: A. Promote financial safety and efficiency and that enable smaller institutions to put competitive pressures on larger institutions. B. Balance financial safety and efficiency, competition contestability and competitive neutrality. C. Promote financial system stability and fair interest rates. D. Protect consumers from predatory behaviour of financial
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Chapter+01+Answers+to+extra+questions - Appended Questions:...

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