Which function is one that pertains to the Bank of Canada?
I.conducting monetary policy
II.examining and supervising banks
III.providing liquidity to financial institutions

Question

Quizplus · Accepted Answer

The Bank of Canada is responsible for all three functions listed. Conducting monetary policy is a primary function of the Bank, as it sets interest rates and manages the money supply. It also examines and supervises banks to ensure their stability and compliance with regulations, and provides liquidity to financial institutions to help maintain financial stability.

Which Function Is One That Pertains to the Bank of Canada