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Meaning, origin and functions of central bank. - SS2 Commerce Past Questions and Answers - page 1

1
What is the primary function of a central bank?
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A

Managing fiscal policy

B

Promoting international trade

C
Controlling inflation and stabilizing prices
2
Which of the following is NOT a function of a central bank?
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A

Issuing currency

B

Conducting elections

C
Supervising and regulating commercial banks
3
What is the role of a central bank as the "banker to the government"?
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A

Managing public debt and providing loans

B

Regulating interest rates for consumers

C

Controlling the stock market

4
How does a central bank influence the money supply in the economy?
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A

By controlling the exchange rate

B

By adjusting interest rates and buying/selling government bonds

C

By issuing credit cards to consumers

5
What is the oldest central bank in the world?
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A

Bank of Sweden

B

Bank of England

C

European Central Bank

6
Name one function of a central bank in managing the country's monetary policy.
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7
What is the role of a central bank as a lender of last resort?
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