POST COLD WAR WORLD
INTEGRATION OF EUROPE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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2014
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2013
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2012
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2011
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Detailed explanation-1: -Since November 2014, the ECB has been responsible for the supervision of all credit institutions in the Member States participating in the Single Supervisory Mechanism (SSM), either directly for the largest banks, or indirectly for other credit institutions.
Detailed explanation-2: -The ECB was created in June 1998, following the Treaty of Amsterdam that amended the Treaty on the European Union.
Detailed explanation-3: -The European Central Bank (ECB) manages the euro and frames and implements EU economic & monetary policy. Its main aim is to keep prices stable, thereby supporting economic growth and job creation.
Detailed explanation-4: -The Governing Council usually meets twice a month at the ECB’s premises in Frankfurt am Main, Germany. The Governing Council assesses economic and monetary developments and takes its monetary policy decisions every six weeks.