What is the primary purpose of the Australian Regulatory Framework as mentioned in the document?

Australian Regulatory Framework Quiz

Passage
•
English
•
University
•
Hard
Cayleigh Owens
FREE Resource
41 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To provide financial assistance to businesses
To ensure investors and the economy are protected and able to operate transparently and accountably
To regulate educational institutions
To promote tourism in Australia
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT one of the agencies that make up the Australian Regulatory Framework?
Australian Prudential Regulation Authority (APRA)
Australian Securities and Investment Commission (ASIC)
The Reserve Bank of Australia
Australian Health and Safety Commission
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many agencies are part of the Australian Regulatory Framework?
Two
Three
Four
Five
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the Australian Prudential Regulation Authority (APRA)?
It is a private financial consultancy firm.
It is the financial services industry's prudential regulator.
It is a government agency that manages wildlife reserves.
It is a non-profit organization that promotes financial literacy.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT overseen by APRA?
Credit Unions
Building Societies
Friendly Societies
Stock Exchanges
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of insurance is regulated by APRA?
Travel Insurance
Life Insurance
Pet Insurance
Property Insurance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary role of the Australian Securities and Investments Commission (ASIC)?
To provide banking services to Australian citizens
To oversee educational standards in Australia
To ensure that Australia's financial markets operate fairly and transparently
To promote tourism in Australia
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