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.

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

In which of the following ways can the South African Reserve Bank (SARB) influence the rand exchange rate?Multiple choice question.By increasing the repo rateBy buying and selling foreign currenciesBy buying and selling of government securitiesBy reducing the reserve ratio

evaluate the measures taken by the SARB and their effectiveness from a business perspective, including any potential unintended consequences

The term international financial institution typically refers to the International Monetary Fund, the World Bank Group, the African Development Bank, the Asian Development Bank, the Inter-American Development Bank, and the European Bank for Reconstruction and Development. The last five banks are considered MDBs. What does MDBs stand for?Select one:a.Multilateral Development Banksb.Multifunctional Development Banksc.Multicultural Development Banksd.Multilingual Development BanksClear my choice

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