Flashcards : Introduction to Financial Systems and Banking — 10 cartes

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1Question

Financial system — components?

Réponse

Institutions, markets, products, infrastructure, regulators

2Question

Financial system components?

Réponse

Institutions, markets, products, regulators, infrastructure.

3Question

Money creation — mechanism?

Réponse

Central and commercial banks generate money via policy and lending

4Question

Money creation mechanism?

Réponse

Central and commercial banks via lending and policy.

5Question

Interest rate — role?

Réponse

Price of money, influences borrowing and investment

6Question

Interest rate influences?

Réponse

Policy rates, supply-demand, market expectations.

7Question

Payment systems — examples?

Réponse

RTGS, SLIPS, SWIFT, digital wallets.

8Question

Banking products?

Réponse

Deposits, loans, services.

9Question

Regulatory acts?

Réponse

Banking Act No. 30/1988.

10Question

Monetary policy tools?

Réponse

Policy rate, reserve requirements, open market.

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1. What is the primary role of central banks in the financial system?

2. What are the main components of the financial system as outlined in the revision sheet?

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