Regulation and Development (Junior Cert Business Studies): Quizzes
📚Quizzes
Practise the questions
12 questions from this quiz
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Practise the questions
12 questions from this quiz
What is the main role of the Central Bank of Ireland?
What is the main role of the Central Bank of Ireland?
Regulating financial institutions
Which is one of the Central Bank's five key responsibilities?
Which is one of the Central Bank's five key responsibilities?
Promoting financial stability
What does the Central Bank do to protect consumers?
What does the Central Bank do to protect consumers?
Ensures fair treatment and complaints
What does the European System of Central Banks (ESCB) include?
What does the European System of Central Banks (ESCB) include?
EU central banks using euro + ECB
What are the three main benefits of competition in financial services?
What are the three main benefits of competition in financial services?
More choice, better service, lower prices
Which are examples of digital-only banks?
Which are examples of digital-only banks?
Revolut and N26
What service do digital-only banks typically provide?
What service do digital-only banks typically provide?
Built-in budgeting tools
Which are examples of mobile payment platforms?
Which are examples of mobile payment platforms?
Apple Pay and Google Wallet
What does P2P payment mean?
What does P2P payment mean?
Peer-to-peer payment
What can be used for wearable payment technology?
What can be used for wearable payment technology?
Smartwatches or fitness trackers
How is cryptocurrency different from traditional money?
How is cryptocurrency different from traditional money?
Not controlled by government or banks
How much did cryptocurrency use grow in Ireland from 2014 to 2018?
How much did cryptocurrency use grow in Ireland from 2014 to 2018?
300%