BOE's Hogg Steps Down After Parliamentary Criticism

BOE's Hogg Steps Down After Parliamentary Criticism

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Charlotte Hogg resigned as deputy governor of the Bank of England after lawmakers criticized her for not disclosing her brother's job at Barclays and for comments related to Brexit. Although she did not directly oversee Barclays, she was on a committee that did. The Bank of England confirmed her resignation in an email statement.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the nature of Charlotte Hogg's resignation?

She was promoted.

She was forced to resign.

She resigned voluntarily.

She was demoted.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did lawmakers consider Charlotte Hogg unfit for her role?

She made inappropriate comments.

Both B and C.

She failed to disclose her brother's job.

She was involved in a scandal.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where did Charlotte Hogg's brother work, which she failed to disclose?

Lloyds

Barclays

HSBC

Santander

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Charlotte Hogg's role in relation to the banks?

She had no involvement with banks.

She was on a committee overseeing some banks.

She was a bank manager.

She directly oversaw all banks.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How was Charlotte Hogg's resignation confirmed?

Through a press conference.

Via a social media post.

In an email statement from the Bank of England.

Through a newspaper article.