QUESTION 2: MCQ

The concept of tenor matching is realized when _____ assets are financed by _____ funds and _____ assets are financed by _____ funds.

1. Short-term, long-term, long-term, short-term
2. Long-term, short-term, short-term, long-term
3. Short-term, short-term, long-term, short-term
4. Short-term, short-term, long-term, long-term

2. Money kept aside and not included in the banking system is called:

1. Hoard money
2. Saved money
3. Fresh fund
4. None of the above

3. An Egyptian company importing notebooks from abroad would request the following type of guarantee from the exporter to ensure that Egyptian company will only pay for the goods delivered if they match the required specifications:
   1. Letter of guarantee
   2. Letter of credit
   3. Promissory note
   4. Cheque

4. According to CBE data, the largest sector providing saving accounts & deposits funding to the Egyptian banking system, in local and foreign currency deposits is the ______ .
   1. Public business sector
   2. Household sector
   3. Private business sector
   4. Non-resident sector