Which of the following is NOT currently an Australian monetary authority?
A)The Reserve Bank of Australia (RBA).
B)The Commonwealth Bank of Australia (CBA).
C)The Australian Prudential Regulation Authority (APRA).
D)The Australian Securities and Investments Commission (ASIC).

Question

Quizplus · Accepted Answer

The Commonwealth Bank of Australia (CBA) is a commercial bank and not a monetary authority. The RBA, APRA, and ASIC are all involved in the regulation and oversight of Australia's financial system.

Which of the Following Is NOT Currently an Australian Monetary