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Accounting & Finance 2016 Exam Free

The National Bank of Ethiopia as a Regulator of the financial system is responsible to:

A
Provide loans directly to businesses
B
License and supervise banks and financial institutions
C
Set prices for consumer goods
D
Manage individual savings accounts
✓ Explanation The NBE's mandate includes licensing, regulating, and supervising banks and insurance companies to maintain financial stability.
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Accounting — Past Paper 2016

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