Discussion
What is the full form of "ECB"?
Answer: C
Correct answer: European Central Bank
ECB stands for the European Central Bank, the central bank of the nineteen European Union member states that use the euro, headquartered in Frankfurt. It sets monetary policy for the euro area - principally interest rates - with price stability as its primary mandate, and since 2014 it has also supervised the area’s significant banks through the Single Supervisory Mechanism. Note that in Indian banking papers the same three letters more often stand for External Commercial Borrowings, loans raised by Indian entities from non-resident lenders; read the options to see which sense a question intends. The abbreviation in this record had been corrupted to “ECD” and is restored above.
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development