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The RBA also provides services to the Government of Australia and services to other central banks and official institutions. [4] The RBA currently comprises the Payments System Board, which sets the payment system policy of the bank, and the Reserve Bank Board, which sets all other monetary and banking policies of the bank. [5]
The dual mandate is a common phenomenon in Greek politics. Some Members of Parliament , by tradition, become members of the government, and appointing technocrats to ministerial offices is unusual. As a result, the executive branch, and particularly the Prime Minister , has direct control of the legislative one.
The dual mandate refers to the U. S. Federal Reserve System's two main objectives: controlling inflation and promoting employment. Dual mandate may also refer to: The Dual Mandate in British Tropical Africa, 1922 book by Frederick Lugard; Dual mandate (politics), serving in multiple public positions simultaneously.
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A Dual Board or Two Tier system is a corporate structure system that consists of two bodies i.e. the Council of Delegates to govern the Board of Directors and the Board of Directors to manage a corporation. The roles and relationships between the two bodies vary across countries.
The mandate system was established by Article 22 of the Covenant of the League of Nations, drafted by the victors of World War I. The article referred to territories which after the war were no longer ruled by their previous sovereign, but their peoples were not considered "able to stand by themselves under the strenuous conditions of the modern world".
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