ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Barclays
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The Bank of Scotland
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The Bank of England
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HSBC
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Detailed explanation-1: -The Bank of England is the central bank of the United Kingdom.
Detailed explanation-2: -The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.
Detailed explanation-3: -The U.S. Federal Reserve is one of the most powerful central banks in the world. The European Central Bank oversees the policies of the eurozone. Other notable central banks include the Bank of England, the Bank of Japan, the Swiss National Bank, the Bank of Canada, and the Reserve Banks of Australia and New Zealand.
Detailed explanation-4: -We’re publicly owned. We are a public body that must answer to the people of the UK through Parliament. We started over 300 years ago as a private bank with shareholders. In 1946, the Government nationalised us because of our central importance to the UK’s economy.
Detailed explanation-5: -HSBC Holdings. Lloyds Banking Group. Royal Bank of Scotland Group. Barclays. Standard Chartered. Santander UK. Nationwide Building Society. Schroders. More items