From the list below, select all that apply to the SARB in its role as banker to the government.Multiple select question.The SARB sets up the annual fiscal budget and presents it during the yearly Budget Speech in parliamentThe SARB administers exchange controls and the weekly Treasury bill tenderThe SARB administers central government accountsThe SARB advises on monetary and financial matters
Question
From the list below, select all that apply to the SARB in its role as banker to the government.Multiple select question.The SARB sets up the annual fiscal budget and presents it during the yearly Budget Speech in parliamentThe SARB administers exchange controls and the weekly Treasury bill tenderThe SARB administers central government accountsThe SARB advises on monetary and financial matters
Solution
- The SARB administers exchange controls and the weekly Treasury bill tender
- The SARB administers central government accounts
- The SARB advises on monetary and financial matters
Similar Questions
Apart from assisting the government financially with budget deficits and acting as the adviser, agent and representative of the public authorities, the SARB is also South Africa's representative at the International Fund and the Bank.
The Minister of Finance is not responsible for?Select one:a.Drawing up the national budget and developing the economic policyb.The financial management of government affairsc.The Parliament of South Africad.The National Treasury
Who is typically responsible for preparing the annual budget proposal in most countries? The President or Head of State The Central Bank The Ministry of Finance or Treasury Department The Parliament or Congress
The process of communicating information concerning a government's financial position and activities.Select one:a.government financial reportingb.budgetingc.none of the choicesd.reporting standard
It includes the budget for the general government such as the executive branch, the legislative branch, public safety and the judicial branch.Select one:a.special revenue fundsb.debt service fundc.general fundd.capital projects fund
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