Answer:
D). The Federal Reserve.
Explanation:
As per the question, the 'federal reserve system' is the agency that is responsible for supervising the money supply in the United States. It is stated as <u>U.S.A's central banking system that it has a number of responsibilities to fulfill</u>. The primary responsibilities include the supervision of financial institutions, regulating the money supply in the economy, fiscal agent of the government of the United States. etc. Therefore, it primarily works for ensuring a stable, flexible, and guarded monetary as well as the financial system. Thus, <u>option D</u> is the correct answer.
Sponsorship means making key investment decisions and providing top-level endorsement of the rationale and objectives of a programme or project. It also means continuing senior level commitment and support for proposed change and championing the implementation of the new capabilities being delivered.
