As a banking market becomes more competitive, we would expect interest margins to become: O A. negative OB. wider OC. zero OD narrower. Which of the following statements is incorrect? O A. In defined contribution (or accumulation) funds, the member's contribution is defined and the final benefit depends on the fund's investment performance. OB. In defined contribution (or accumulation) funds, the investment risk is borne by the members. OC. In defined benefit funds, the final payment is defined in advance. OD. None of these. To measure the performance of a fund, we commonly compare it with a comparable market benchmark. The most suitable benchmark for evaluating an Australian equity management fund is the _index. angement found in the market ben concert O A. Morgan Stanley World O B. Commonwealth bond O C. SBC 90-day bank bill OD. ASX 200 The largest item in overall bank lending in Australia is: O A. housing loans. O B. corporate loans. O c. loans to related financial institutions. OD. personal loans. Credit unions tend to focus strongly on: O A. personal finance. O B. leasing O C. funds management. O D. payments systems