Turkey Eyes Central Bank in Crackdown

Turkey Eyes Central Bank in Crackdown

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses an indictment against the Turkish Central Bank, alleging its connection to Fetullah Gulen's organization, accused of a failed coup. The indictment claims the banknotes feature symbols significant to Gulen's followers. Despite extensive purges of Gulen's alleged followers, the Central Bank has not seen suspensions. The document was prepared before the coup and mentions no bank employees as suspects. The Central Bank faces political pressure to cut interest rates to boost economic growth, though criticism has lessened since a new governor's appointment.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the alleged significance of the star on Turkish lira banknotes according to the indictment?

It symbolizes Halley's Comet.

It represents the Turkish flag.

It is a symbol of economic stability.

It marks the anniversary of the Central Bank.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many civil servants have been affected by the government's purge against Gulen's followers?

Over 80,000

Over 60,000

Over 70,000

Over 50,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the indictment suggest about the Central Bank's future?

It will remain unaffected.

It might face future legal probes.

It will be dissolved.

It will increase interest rates.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a major criticism of the Central Bank by politicians?

It keeps interest rates too low.

It slows economic growth by keeping rates high.

It is too independent.

It lacks transparency.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expectation from politicians regarding the Central Bank's interest rates?

To keep reducing them.

To increase them significantly.

To eliminate them entirely.

To maintain them as they are.