Financial Accounting MCQS - QUESTION DETAILS

Which financial institution acts as the lender of last resort, providing financial support to banks and managing monetary policy?
A. Foreign Exchange
B. Central Bank
C. Investment Bank
D. Hedge Fund

The Central Bank acts as the lender of last resort and manages monetary policy.

Similar Questions

What financial concept evaluates the cost of various sources of financing and determines the optimal capital structure?






What metric is used to evaluate the financial performance of an investment and is calculated as the net gain divided by the initial investment cost?






What is the term for the process of assessing and fulfilling tax obligations in accordance with tax laws?






In the context of managerial accounting, what is the method of assigning costs to products based on the activities required to produce them?






What term refers to the analysis of potential risks to determine their nature and characteristics?






What does the term "Economic Value Added (EVA)" represent in financial management?






Which financial decision involves determining how a company will raise funds to finance its operations and projects?






What concept involves assigning responsibility for certain costs to specific individuals or departments within an organization?






What refers to the agreements between countries to limit the flow of capital across borders in International Finance?






Which tax is imposed on the consumption of certain goods and services at the point of sale?