The effective identification of clients is referred to as …
1.
complaints handling.
2.
Know Your Client (KYC) principles.
3.
Ombudsman verification.
4.
FICA (Financial Intelligence Compliance Approach).
Question 2
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Which of the following are seen as disadvantages of inflation?
a Inflation discourages savings.
b Inflation results in resources not being used productively.
, c Inflation discriminates against fixed-salaried workers.
d Inflation results in an unequal distribution of income and wealth.
Choose the correct combination:
1.
b,d
2.
a,b,c
3.
a,c,d
4.
All of the options are correct.
Question 3
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Which one of the following options represents an objective of the monetary policy?
a price stability
b to protect the value of the currency
c financial stability
1.
complaints handling.
2.
Know Your Client (KYC) principles.
3.
Ombudsman verification.
4.
FICA (Financial Intelligence Compliance Approach).
Question 2
Complete
Mark 1.00 out of 1.00
Flag question
Question text
Which of the following are seen as disadvantages of inflation?
a Inflation discourages savings.
b Inflation results in resources not being used productively.
, c Inflation discriminates against fixed-salaried workers.
d Inflation results in an unequal distribution of income and wealth.
Choose the correct combination:
1.
b,d
2.
a,b,c
3.
a,c,d
4.
All of the options are correct.
Question 3
Complete
Mark 1.00 out of 1.00
Flag question
Question text
Which one of the following options represents an objective of the monetary policy?
a price stability
b to protect the value of the currency
c financial stability
