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Which of the following are modern (post 2008) micro-prudential regulation functions? Choose all that apply. I. Licensing. II. Recovery and resolution planning. III. Ongoing supervision.

Which of the following are modern (post 2008) micro-prudential regulation functions? Choose all that apply. I. Licensing. II. Recovery and resolution planning. III. Ongoing supervision. IV. Early intervention. V. Financial bailouts. VI. Reducing aggregate demand. a. I and II only b. II, III, V and VI only. c. I, II, III, and IV only. d. I, II, III, V and VI only

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