How Are Banks Preparing for Possible Brexit?

How Are Banks Preparing for Possible Brexit?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main topic that Mark Carney is likely to be questioned about?

The inflation report

Brexit and the banks' role in it

International trade agreements

The financial crisis

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank has stated it would move 1000 employees to Paris if the UK votes to leave the EU?

Barclays

Lloyds

HSBC

Deutsche Bank

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main pressures faced by UK banks according to the transcript?

Rising interest rates

Technological advancements

Regulatory pressures and Brexit uncertainty

Increased competition from US banks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What criticism has been directed at Governor Carney regarding his role in the Brexit debate?

Getting too involved and providing too much analysis

Being too optimistic about the economy

Not providing enough analysis

Ignoring the risks of recession

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Governor Carney's main responsibility as discussed in the transcript?

To manage the UK's fiscal policy

To negotiate with EU leaders

To set monetary policy based on economic outlook

To promote international trade