The Reserve Bank of Australia

Description: The Reserve Bank of Australia is the central bank of Australia. It is responsible for issuing the Australian dollar, managing the country's monetary policy, and regulating the financial system.
Number of Questions: 15
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Tags: economics economic policymaking the reserve bank of australia
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When was the Reserve Bank of Australia established?

  1. 1911

  2. 1920

  3. 1932

  4. 1945


Correct Option: B
Explanation:

The Reserve Bank of Australia was established in 1920.

Who is the current Governor of the Reserve Bank of Australia?

  1. Philip Lowe

  2. Glenn Stevens

  3. Ian Macfarlane

  4. Don Brash


Correct Option: A
Explanation:

Philip Lowe is the current Governor of the Reserve Bank of Australia.

What is the primary objective of the Reserve Bank of Australia?

  1. To maintain price stability

  2. To promote economic growth

  3. To reduce unemployment

  4. To regulate the financial system


Correct Option: A
Explanation:

The primary objective of the Reserve Bank of Australia is to maintain price stability.

What is the Reserve Bank of Australia's target inflation rate?

  1. 2%

  2. 3%

  3. 4%

  4. 5%


Correct Option: A
Explanation:

The Reserve Bank of Australia's target inflation rate is 2%.

What is the Reserve Bank of Australia's official cash rate?

  1. 0.10%

  2. 0.25%

  3. 0.50%

  4. 1.00%


Correct Option: A
Explanation:

The Reserve Bank of Australia's official cash rate is 0.10%.

What is the Reserve Bank of Australia's balance sheet size?

  1. $200 billion

  2. $400 billion

  3. $600 billion

  4. $800 billion


Correct Option: C
Explanation:

The Reserve Bank of Australia's balance sheet size is $600 billion.

What is the Reserve Bank of Australia's foreign exchange reserves?

  1. $100 billion

  2. $200 billion

  3. $300 billion

  4. $400 billion


Correct Option: C
Explanation:

The Reserve Bank of Australia's foreign exchange reserves are $300 billion.

What is the Reserve Bank of Australia's gold reserves?

  1. 100 tonnes

  2. 200 tonnes

  3. 300 tonnes

  4. 400 tonnes


Correct Option: B
Explanation:

The Reserve Bank of Australia's gold reserves are 200 tonnes.

What is the Reserve Bank of Australia's number of employees?

  1. 1,000

  2. 2,000

  3. 3,000

  4. 4,000


Correct Option: C
Explanation:

The Reserve Bank of Australia's number of employees is 3,000.

What is the Reserve Bank of Australia's headquarters located?

  1. Sydney

  2. Melbourne

  3. Brisbane

  4. Perth


Correct Option: A
Explanation:

The Reserve Bank of Australia's headquarters is located in Sydney.

What is the Reserve Bank of Australia's website?


Correct Option: A
Explanation:

The Reserve Bank of Australia's website is www.rba.gov.au.

What is the Reserve Bank of Australia's social media presence?

  1. Twitter, Facebook, LinkedIn

  2. Twitter, Instagram, LinkedIn

  3. Twitter, Facebook, Instagram

  4. Twitter, Instagram, YouTube


Correct Option: A
Explanation:

The Reserve Bank of Australia's social media presence is Twitter, Facebook, and LinkedIn.

What is the Reserve Bank of Australia's annual report?

  1. The Annual Report of the Reserve Bank of Australia

  2. The Annual Review of the Reserve Bank of Australia

  3. The Annual Statement of the Reserve Bank of Australia

  4. The Annual Accounts of the Reserve Bank of Australia


Correct Option: A
Explanation:

The Reserve Bank of Australia's annual report is The Annual Report of the Reserve Bank of Australia.

What is the Reserve Bank of Australia's monetary policy statement?

  1. The Statement on Monetary Policy

  2. The Statement on Economic Policy

  3. The Statement on Financial Policy

  4. The Statement on Prudential Policy


Correct Option: A
Explanation:

The Reserve Bank of Australia's monetary policy statement is The Statement on Monetary Policy.

What is the Reserve Bank of Australia's financial stability review?

  1. The Financial Stability Review

  2. The Economic Stability Review

  3. The Prudential Stability Review

  4. The Monetary Stability Review


Correct Option: A
Explanation:

The Reserve Bank of Australia's financial stability review is The Financial Stability Review.

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