21. What is the role of the International Monetary Fund (IMF)?
a. Regulating global stock markets
b. Providing loans to developing countries
c. Overseeing the operations of central banks worldwide
d. Insuring international trade transactions
22. What is the purpose of the Basel III framework in banking?
a. Regulating interest rates on loans and deposits
b. Promoting sustainable and responsible banking practices
c. Facilitating international trade agreements
d. Ensuring the stability and resilience of banks’ capital and liquidity positions
23. Which financial institution is responsible for regulating and supervising the banking industry in the United States?
a. Federal Reserve System (Fed)
b. Securities and Exchange Commission (SEC)
c. Office of the Comptroller of the Currency (OCC)
d. Financial Industry Regulatory Authority (FINRA)
24. What is the role of a venture capitalist?
a. Providing loans to small businesses
b. Investing in early-stage and high-growth companies in exchange for equity
c. Regulating the activities of commercial banks
d. Evaluating the creditworthiness of individuals and businesses
25. Which of the following is a characteristic of a money market fund?
a. High-risk investment with potential for high returns
b. Long-term investment with fixed interest payments
c. Low-risk investment with high liquidity
d. Speculative investment in stocks and derivatives
