Finance and Banking (Edexcel A-Level Economics A): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
When did the Bank of England gain operational independence?
When did the Bank of England gain operational independence?
1997
What is the current UK inflation target rate?
What is the current UK inflation target rate?
2% CPI
What is Bank Rate?
What is Bank Rate?
Interest rate on short-term bank loans
What is quantitative easing?
What is quantitative easing?
Central bank purchases assets from banks
Which body is responsible for microprudential regulation after April 2013?
Which body is responsible for microprudential regulation after April 2013?
PRA
How much in assets had the APF purchased by mid-2016?
How much in assets had the APF purchased by mid-2016?
£445 billion
What is the MPC's primary responsibility?
What is the MPC's primary responsibility?
Maintaining monetary stability
What is the role of the Bank for International Settlements?
What is the role of the Bank for International Settlements?
Bank for central banks, sets standards
What period is known as the 'Great Moderation'?
What period is known as the 'Great Moderation'?
1997-2007
What level had Bank Rate reached by March 2009?
What level had Bank Rate reached by March 2009?
0.5%