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What is the role of the People’s Bank of China?...

What is the role of the People’s Bank of China?

A.

Issuing passports

B.

Regulating the stock market

C.

Conducting monetary policy and regulating financial institutions

D.

Managing public transportation

E.

Overseeing housing projects

Correct answer is C

The People’s Bank of China is the central bank responsible for monetary policy and regulating financial institutions.