Question

What are the purposes of financial regulations? Choose three answers.

to make business competitive
to enforce government intervention
to limit and prevent monopolies
to allow businesses to collaborate
to ensure only one business can operate
to place regulations on prices

Answer 1

- to make business competitive
- to limit and prevent monopolies
- to place regulations on prices

Briefly: financial regulation promotes fair competition, prevents anti‑competitive monopolies/market abuse, and can include rules on pricing (fees, rates, price caps) to protect consumers and ensure market stability.