The powers and precise functions of central banks vary widely. What are all the possible powers a Central Bank can use from the list below: A) Undertaking open market operations B) No interference or determination of minimum reserve ratios C) Determining a key short-term interest or discount rate D) Issuing directives to banks and other financial institutions on their lending activities. Question 13Answer 1. A, C and D 2. A, B and C 3. B and C 4. D Only