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QUESTION 2 1 points Save Answer Which of the following statements is NOT a recommendation of the Wallis Inquiry? A. The RBA will retain its
QUESTION 2 1 points Save Answer Which of the following statements is NOT a recommendation of the Wallis Inquiry? A. The RBA will retain its role as automatic lender of last resort and stand ready to inject liquidity into any failing financial institution. B. The prudential supervisory system must not create a competitive advantage/disadvantage to particular types of financial institutions, relative to other types. C. Prudential supervision could be more efficiently and effectively conducted under an organisational structure based on types of products being supervised, rather than on the type of institution. D. RBA will focus on maintaining financial system stability and retain its primary responsibility for monetary policy
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