Knowledge Base

What is the primary role of the ECB's Executive Board in its governance?

Supervise commercial banks

Define the overall monetary strategy

Implement monetary policy and manage day-to-day operations

Control national fiscal policies

What is the primary objective of the European Central Bank (ECB) according to Article 127 of the TFEU?

Economic growth

Price stability

Full employment

Budget balance

What is the current deposit facility rate as of June 2025 according to the context provided?

-1%

-0.5%

1.5%

2.00%

What is the composition of the ECB's Governing Council since Croatia's accession in January 2023?

6 Executive Board members and 19 national central bank governors

6 Executive Board members and 20 national central bank governors

5 Executive Board members and 20 national central bank governors

7 Executive Board members and 19 national central bank governors

The ECB can directly finance public deficits through purchases of sovereign debt under Article 123 of the TFEU.

True

False

The digital euro will be a complete substitute for cash once launched.

True

False

Categorize items by dragging them to the appropriate zones

Items to categorize:

PEPP

TLTRO III

Transmission Protection Instrument

Categories:

Pandemic response

Bank lending support

Bond market stability

ECB inflation target (since 2021)

Click to see answer