Which of the following statements is true?
A) Authorised depository institutions are those that have been granted an authority by the RBA to operate in Australia.
B) Authorised depository institutions are those that have been granted an authority by APRA to operate in Australia.
C) Authorised depository institutions are those that have been granted an authority by the Australian Government to operate in Australia.
D) Authorised depository institutions are those that have been granted an authority by ASIC to operate in Australia.
Correct Answer:
Verified
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