20. Which of these is NOT a measure taken by the European Central Bank to preven

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20. Which of these is NOT a measure taken by the European Central Bank to prevent the financial crises in individual countries from collapsing the Eurozone? a. buying government debt b. demanding that governments enact structural reforms c. increasing the rate it paid on bank deposits d. lending to banks 20. Which of these is NOT a measure taken by the European Central Bank to prevent the financial crises in individual countries from collapsing the Eurozone? a. buying government debt b. demanding that governments enact structural reforms c. increasing the rate it paid on bank deposits d. lending to banks

Explanation / Answer

Ans:

Option C

increasing the rate it paid on bank deposits

European Central Bank has taken many measures in the form of monetary and fiscal policies to prevent the financial crises in eurozone. These include cheap loans,buying bonds of indebted countries,lowering borrowing cost,lower interest rates and structural reforms to preserve the euro.

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