Question

Which is true about the Maldivian Monetary Authority (MM

Q: Answer-Which is true about the Maldivian Monetary Authority (MMA)?

Originally founded in 1981 as the Maldives Monetary Authority, it functions as the countrys central bank, regulating currency and financial stability. The organization is commonly referred to as MMA.

A Founded in 1964 as Maldives’ first central bank

B Dissolved after Maldives adopted USD

C Regulates banking and capital markets since 1982

D Serves as RBI’s Maldives subsidiary

E Transformed into Maldives Monetary Authority

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Which is true about the Maldivian Monetary Authority (MM

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