What is the Bank of England's mandate?
To support the economic policies of the government
To provide consumer banking services
To print all UK currency
To regulate the London Stock Exchange
Answer
The Bank of England has a mandate to support the economic policies of the government of the day, while maintaining price stability. It does not offer consumer banking services.
The Bank of England Quiz: Unleash Your Financial Knowledge!
More Questions
How many banks are authorised to issue banknotes in the United Kingdom?
Who can give orders to the Monetary Policy Committee in extreme economic circumstances?
What is the Bank of England's role in Scotland and Northern Ireland?
What is the Bank of England sometimes known as?
When was the Bank of England founded?
Subscribe Now!
Learn something
new everyday
Playing quizzes is free! We send 1 quiz every week to your inbox