Home
›
Practice
›
EU Knowledge
EU Knowledge
Medium
According to the Treaty on the Functioning of the European Union, which statement accurately describes the legal status and primary mandate of the European Central Bank?
A
It operates under the direct political supervision of the European Council, which sets its monetary policy targets.
B
Under the pre-Lisbon framework, its primary objective was to ensure sustainable public finances and a public deficit of no more than 3 % of GDP.
C
It is independent in the exercise of its powers and in the management of its finances, with price stability as its primary objective.
D
It derives its mandate to authorise the issue of the euro from the Treaty on European Union, which grants it exclusive competence over fiscal policy.
Select an option first
Want adaptive practice that measures your real level?
Start free preparation →
More EU Knowledge questions
According to the TFEU, which of the following accurately des...
According to Article 15 of the Treaty on European Union, how...
According to the Treaties, how is the composition of the Eur...
According to the Treaty on the Functioning of the European U...
According to the TFEU, what is the core mandate of the Court...