CIMA Fundamentals of Business Economics BA1 Question # 17 Topic 2 Discussion

CIMA Fundamentals of Business Economics BA1 Question # 17 Topic 2 Discussion

BA1 Exam Topic 2 Question 17 Discussion:
Question #: 17
Topic #: 2

All of the following are functions of a central bank except one. Which ONE is the exception?


A.

Lender of the last resort


B.

Banker to the commercial banks


C.

The conduct of fiscal policy


D.

Regulation of the banking system


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