When the Bank of Canada was established in 1935,it was granted the authority to:
I.require all depository institutions to hold reserves.
II.inspect all deposit-taking institutions.
III.issue currency.

Question

Quizplus · Accepted Answer

The Bank of Canada was granted the authority to require all depository institutions to hold reserves, inspect all deposit-taking institutions, and issue currency when it was established in 1935. Therefore, all three choices are correct.

When the Bank of Canada Was Established in 1935,it Was