the economics of money, banking, and financial markets

429 $

© 2014 Pearson Canada Inc.$

15.2 Formal Structure of the Bank of Canada

1. 
   

   Which of the following are entities of the Bank of Canada?
   A) The Office of the Superintendent of Financial Institutions (OSFI)
   B) The Governing Council
   C) The Canada Deposit Insurance Corporation (CDIC)
   D) The Federal Reserve
   Answer: B
   Diff: 1 Type: MC Page Ref: 355
   Skill: Recall
   Objective List: 15.1 Classify the institutional structure of the Bank of Canada as well as four of
   the most important foreign central banks

   
   


2. 
   

   Which of the following are entities of the Bank of Canada?
   A) The Office of the Superintendent of Financial Institutions (OSFI)
   B) The Board of Directors
   C) The Canada Deposit Insurance Corporation (CDIC)
   D) The Department of Finance
   Answer: B
   Diff: 2 Type: MC Page Ref: 355
   Skill: Recall
   Objective List: 15.1 Classify the institutional structure of the Bank of Canada as well as four of
   the most important foreign central banks

   
   


3. 
   

   All of the following have served as Bank of Canada governors except for ____.
   A) Roy Romanow
   B) David Dodge
   C) Gordon Thiessen
   D) John Crow
   Answer: A
   Diff: 1 Type: MC Page Ref: 355
   Skill: Recall
   Objective List: 15.1 Classify the institutional structure of the Bank of Canada as well as four of
   the most important foreign central banks

   
   


4. 
   

   Which of the following is an element of the Bank of Canada?
   A) The Office of the Superintendent of Financial Institutions (OSFI)
   B) The Governing Council
   C) The Board of Directors
   D) Only B and C of the above are Bank of Canada entities.
   Answer: D
   Diff: 1 Type: MC Page Ref: 355
   Skill: Recall
   Objective List: 15.1 Classify the institutional structure of the Bank of Canada as well as four of
   the most important foreign central banks