Question

How do central banks govern the banking industry? Check all that apply. by deciding how much banks must keep in reserve by overseeing the nation’s payment system by supervising the loan process at banks by printing money for distribution to banks by responding quickly to banking crises that occur by auditing banks based on current regulations

Answer 1

Answer: 1,2,5,6

Explanation:

Just did it on edge

Answer 2

Considering the available options, the central banks govern the banking industry through the following ways:

• by deciding how much banks must keep in reserve;

• by overseeing the nation’s payment system;

• by printing money for distribution to banks;

• by responding quickly to banking crises that occur.

Central Bank is the national bank and has the responsibility of making financial or monetary policies that has positive impacts on the country's supply of money and credit.

The central bank is also responsible for ensuring the nation has financial stability.

Hence, in this case, the correct answer is options A, B, D, and E.

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