Which of the following is NOT a function of the Reserve Bank of Australia (RBA)?
A)Banker for the Federal Government.
B)Issuer of Australian notes.
C)Monetary policy maker.
D)Supervisor of the financial markets.

Question

Quizplus · Accepted Answer

The Reserve Bank of Australia does not supervise financial markets; this is the role of the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC).

Which of the Following Is NOT a Function of the Reserve