2020 A/L Economics – Past Paper MCQ 28

Sanath Withanage

Question:

What are the main objectives of the Central Bank of Sri Lanka in implementing monetary policy at present?
(1) Price stability and financial system stability
(2) Price stability and full employment
(3) Price stability and sustainable development
(4) Full employment and more equal distribution of income
(5) Price stability and reduction in the burden of public debt

Correct Answer:

(1)

Answer Explanation:

The core mandate of the Central Bank of Sri Lanka (CBSL) is to secure its two primary objectives: maintaining economic and price stability (controlling inflation), and maintaining financial system stability.


Topic: Monetary Policy Year: 2020

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