Law College

Examine 6 regulatory and supervisory role the Bank of Ghana plays in ensuring that there is sanity in the financial sector of Ghana.
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Answers

Answer 1

Answer:

The several banks in Ghana had collapsed. The banks were given license few years ago. The banks were heavily deficient in liquidity and they had instability in financial systems.

Explanation:

Answer 2

Answer:

The Bank of Ghana ensured that there is organization in the financial sector  by ensuring creation of standard monetary policies.  These policies ensure banks in the country are well guided as it helps prevent liquidation and other financial issues.

The bank also helps to regulate cash flow within and also from foreign exchange .The regulation of cash flow helps to ensure that the currency is strong when compared to other foreign currencies.

There is also the issue of strict compliance to rules and regulations which is usually applicable to all banks in the region. Those who disobey are usually sanctioned with a fine which is good enough.

The Bank of Ghana helps banks in areas of loans and storing excess that they have.

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Related Questions

please help me guys

In your own idea, what is the importance of police checkpoint? explain
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Answers

The signals the police use like the sirens

We the people of the United States . . . do ordain and establish this Constitution for the United States of America."" But… who are ""the people""?

Answers

Answer:

The people would be the citizens of America, the people who vote and work and do the civic duties as people living in America. That what it mean.

Explanation:

Hope it makes sense

What are the trial courts of the federal system known as?
1.) U.S. Supreme Courts
2.) U.S. courts of appeals
3.) County court
4.) U.S. district courts

Answers

Answer:

What is 4.) U.S. district courts

Explanation:

The nation's 94 district or trial courts are called U.S. District Courts. District courts resolve disputes by determining the facts and applying legal principles to decide who is right. Trial courts include the district judge who tries the case and a jury that decides the case.

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Who are the Supreme Court justices appointed by?


The president of the United States


The Federal Judiciary Commission


Congress


Each state has the opportunity to nominate a Supreme Court justice.

Answers

Explanation:

option A is correct.

The president of United States.

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lanes of traffic on expressways flowing in different directions are divided by?

Answers

Answer:  Median

Explanation:

The median is the center divider in highways. The median separates traffic that travels in opposite directions to prevent collisions. The median could be a concrete barrier or it could be unpaved grass, or perhaps a combination of both. Other median types are possible as well. Metal guardrails may be present on either side of the median.

Side note: The word median comes from the Latin medius which translates to middle or central.

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