5482011
Description
Question 1
Question
Which of the following market structures best describes the commercial banking sector of Trinidad and Tobago
Answer
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oligopoly
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perfect competition
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monopoly
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monopolistic competition
Question 2
Question
One of the functions of the Central Bank is to
Answer
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Provide businesses with capital
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Provide aid to countries in need
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Accept deposits from members of the public
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Manage the issue of treasury bills
Question 3
Question
Which of the following is NOT a function of the central bank?
Answer
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It accepts deposits
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It is a banker for the government
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It makes loans for commercial banks
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It issues foreign currency
Question 4
Question
Which of the following is referred to as the banker’s bank?
Answer
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The World Bank
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The Central Bank
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A commercial bank
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An investment bank
Question 5
Question
“The Central Bank will manage the foreign exchange rate and the reserves levels.”. Which of the following functions of the Central Bank below best describe the statement above:
Answer
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Lender of last resort
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Implements monetary policy
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Banker to the government
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Manage foreign exchange
Question 6
Question
“The Central Bank manages economic policies which influence the money supply in the economy such as interest rates and bank reserve levels.” Which of the following functions of the Central Bank below best describe the statement above:
Answer
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Lender of last resort
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Implements monetary policy
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Banker to the government
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Manage foreign exchange
Question 7
Question
“The central bank must always be prepared to help commercial banks when they face liquidity problems’”. Which of the following functions of the Central Bank below best describe the statement above:
Answer
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Lender of last resort
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Implements monetary policy
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Banker to the government
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Manage foreign exchange
Question 8
Question
The present Governor of the Central Bank of Trinidad and Tobago is
Answer
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Dr. Alvin Hilaire
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Dr. Keith Rowley
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Colm Imbert
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Jawala Rambarran
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