SwitzerlandKanton Zürich 50 · Canton of Zurich

What is true of the Zurich Cantonal Bank (Zürcher Kantonalbank)?

In the exam (German)

Was gilt für die Zürcher Kantonalbank?

  1. aIt is owned by foreign owners and listed on the stock exchange.Sie gehört ausländischen Eigentümern und ist an der Börse.
  2. bIt is owned by the city of Zurich and works only in the city.Sie gehört der Stadt Zürich und arbeitet nur in der Stadt.
  3. cIt is owned by the canton, and the canton is liable for its debts.Sie gehört dem Kanton, und der Kanton haftet für ihre Schulden.Correct answer
  4. dIt is owned by the Confederation and issues the Swiss banknotes.Sie gehört dem Bund und gibt die Schweizer Banknoten heraus.

Why?

The Zurich Cantonal Bank is an independent institution of the canton with a state guarantee (Staatsgarantie): if its own funds are not enough, the canton is liable.

Translated with AI. In the exam the question is in German, as shown above.

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Source

Our own practice questions on the facts of the Federal Constitution and the official information of the Confederation and the cantons of Zurich, Aargau and Bern. They are not the questions of the cantonal tests, and no wording from the cantonal question catalogues has been reused. Each question was written, answered blind and fact-checked in separate rounds. The English translation and the explanations are ours, made with AI; in the test the questions are in German. We are not affiliated with the Confederation, the cantons or the communes.

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