The Australian government ban on mergers and takeovers among the four major banks
aims at preventing one bank to control a too large share of the banking sector,which would be detrimental to competition.
Correct Answer:
Verified
Q5: Minimum capital requirements are enforced in order
Q6: In order to decrease the credit risk
Q7: A line of credit is an agreement
Q8: The shareholders' equity of a bank can
Q9: Short-term securities are a better form of
Q11: The reduction in bank branches took place
Q12: The minimum amount of capital that a
Q13: The Australian banking sector is dominated by:
A)one
Q14: Concentration ratio is a tool used by
Q15: Provisions for loan losses are made at
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