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12 June, 12:44

Which of the following is NOT one of the functions of the Federal Reserve? Group of answer choices

Clearing checks

Supervising and regulating banks

Printing currency

Controlling the money supply

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  1. 12 June, 12:55
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    The one which is not the function is printing the currency.

    Explanation:

    Federal Reserve is the system of the central banking, that is accountable for setting or making the policy on the matters of the monetary like money supply and interest rates.

    The functions of the federal reserve are conduct or perform the monetary policy of the nation, keeping or maintaining an efficient and effective system of payment and supervising and regulating the banking operations.
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