In Response to the GFC and the Global Liquidity Crisis

Multiple Choice

In response to the GFC and the global liquidity crisis the Australian government introduced the following measure in 2008:

A) A Financial Claims Scheme that provided coverage to all depositors in any financial institution.
B) A Financial Claims Scheme that guaranteed bank deposits coverage to depositors up to a million dollars per depositor.
C) A Financial Claims Scheme that guaranteed bank deposits coverage to depositors up to a million dollars per depositor and provided a temporary wholesale funding guarantee.
D) All of the listed options are correct.