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According to the Treaty on the Functioning of the European Union, which statement correctly distinguishes the operational scope of the European System of Central Banks from the Eurosystem, and accurately defines the European Central Bank's mandate, legal status, and independence? A Article 127 of the Treaty on the Functioning of the European Union grants the European Central Bank the exclusive authority to authorize the issue of the euro and confers upon it legal personality, while the ESCB supports the general economic policies of the Union without prejudice to the objective of price stability. B The Eurosystem, comprising the ECB and the national central banks of Member States whose currency is the euro, conducts the monetary policy of the Union, and the ECB, which has legal personality, is independent in the exercise of its powers and in the management of its finances, with price stability as its primary objective. C Under Article 105 of the Treaty on the Functioning of the European Union, the European Central Bank and the national central banks constitute the Eurosystem, which conducts the monetary policy of the Union, and the ECB is independent in the exercise of its powers. D The European System of Central Banks (ESCB), comprising the ECB and the national central banks of all Member States, defines and implements the monetary policy of the Union, and the ECB exercises its independence under the supervision of the European Parliament.
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