1. An ADI that requires additional exchange settlement funds to meet its retail payment obligations at 9am can:
   1. Borrow from the RBA at the cash rate.
   2. Draw on its reserves held in the overnight interbank market.
   3. Purchase additional money-market.
   4. Delay the payment until a later day.
2. If a $250,000 is deposited for 10 days at 1.06% pa, what is the amount of interest earned on the NCDs.
   1. $73
   2. $2,650
   3. $265
   4. 5,328
3. You are an institutional investor interested in selling a certain security that is traded in an OTC market. You have the following two quotes from dealers. Dealer H bid $100.98; offer $101.04: Dealer K bid $100.95 offer $101.02 if you wished to sell the security. Which dealer would you sell to and what price?
   1. Sell to dealer H at a price of $100.98
   2. Sell to dealer H at a price of $101.04
   3. Sell to dealer K at a price of $100.95
   4. Sell to dealer K at a price of $101.02
   5. Sell at the average of Dealer K prices $100.985