Essence of Central Banking

It supports countries around the world by providing policy advice and technical assistance.

• World Bank

• Central Bank

• International Monetary Fund

• United Nations

These are created to satisfy the financial requirements of the various participants.

• Financial intermediaries

• Financial instruments

• Financial markets

• Price discoveries

Which of the following are the principal participants in the financial system? (Check all that apply.)

• Regulators

• Fund managers

• Lenders

• Borrowers

Banks are in a competition with one another for this business, and tend to be lax in terms of the latter making them inherently unstable. They therefore require robust regulations and supervision.

• True

• False

Have you learned something valuable today?

• Yes

• Maybe

• No