Question

The economic crisis showed that:
Group of answer choices

A)The ECB was well informed of stressed banks

B)National banking supervisors did not share information with one another

C)National banking supervisors coordinated their actions during the crisis

D)The ECB could not act as a lender of last resort to

Answer 1

Ans.

The economic crisis showed that: B)National banking supervisors did not share information with one another

Correct answer is B .  
Other options are not correct because the ECB was not well informed of the stressed banks and that’s why there were lot of changes post the crisis on the capital requirements and stress test for banks. Also the ECB did act as lender of the last resort. Also National banking supervisors did not coordinate their actions well during the crisis.