The role of lender of last resort is a responsibility of
A. the Reserve Bank of Australia (RBA).
B. the Australian Securities and Investments Commission (ASIC).
C. the Australian Financial Institutions Commission (AFIC).
D. the Australian Prudential Regulation Authority (APRA).
Answer:A
The role of lender of last resort is a responsibility of
A. the Reserve Bank of Australia (RBA). B. the Australian Securities and Investments Commission (ASIC). C. the Australian Financial Institutions Commission (AFIC). D. the Australian Prudential Regulation Authority (APRA).