Activities of the European Central Bank (ECB) - which
of the statements are incorrect

Question

Activities of the European Central Bank (ECB) -  which
of the statements are incorrect

Accepted Answer

the ECB and the national central banks have the right to issue euro
banknotes

Accepted Answer

the ECB main task – to regulate the
amount of euro in circulation

Answer

the ECB maintains and monitors official foreign reserves of the EMU Member
States

Answer

the ECB manages the foreign
currency exchange operations and provides a stable activity of the settlement
system

Answer

the ECB main task – to keep low inflation in the euro area

Answer

the ECB implements a common monetary and exchange policy

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