Question:1.Which of the following functions is NOT a major function that an investment bankerperforms?

A.

Advising

B.

Underwrting

C.

Distributing

D.

Regulating

2. ESAs are creditonly accounts and thus their holders are required to ensure that sufficient liquidity is available at all times to settle financial transactions.

True

False

3. When implementing monetarypolicy, the objective of the Reserve Bank of Australia(RBA)A.

to maintain full employment

B.

to control inflation within a target range

C.

to change the money supply in the economy

D.

to print and issue currency and notes