The Minister of Finance is not responsible for?Select one:a.Drawing up the national budget and developing the economic policyb.The financial management of government affairsc.The Parliament of South Africad.The National Treasury

From the list below, select all that apply to the SARB in its role as banker to the government.Multiple select question.The SARB sets up the annual fiscal budget and presents it during the yearly Budget Speech in parliamentThe SARB administers exchange controls and the weekly Treasury bill tenderThe SARB administers central government accountsThe SARB advises on monetary and financial matters

c. In South Africa, the debts of government and commercial banks are used as money. This statement acknowledges that multiple choice 3many governments and commercial banks have debt.government finances its spending through debt.accounts in commercial banks are customer deposits and thus are debts of commercial banks.money is created by a lending process.

The Federal Ministry of Finance has the following objectives, except oneQuestion 4Answera.The development of initiatives for the formulation of policies on fiscal and monetary mattersb.The harnessing and mobilisation of internal and external financial resources foe developmentc.The supervision of the insurance indutryd.Supervision/regulation of Information communication and technology firms

Who is typically responsible for preparing the annual budget proposal in most countries? The President or Head of State The Central Bank The Ministry of Finance or Treasury Department The Parliament or Congress

Who issues a treasury bill?Answer choicesSelect only one optionREVISITCorporatesAny nationalised bankAny private sector bankNBFC