Which of the following is not one of the four basic responsibilities the Bank of Canada has for controlling the growth in the supply of money and credit?
A) Regulating monetary policy
B) Designing and issuing bank notes
C) Regulating the financial system
D) Cheque clearing

Question

Quizplus · Accepted Answer

Cheque clearing is not one of the basic responsibilities of the Bank of Canada for controlling the growth in the supply of money and credit. The other three options - regulating monetary policy, designing and issuing bank notes, and regulating the financial system - are all important roles that the Bank of Canada plays in managing the money supply and credit in the economy.

Which of the Following Is Not One of the Four