State with of the following statements is true or False

1) The overnight loan done by the corporation which need finance from the commercial bank account

2) Financial markets and institutions involve the movement of huge flows of money, affect the profits of businesses, and affect the types of goods and services produced in an economy

3) A payment system based primary on checks has the following advantages: checks are costly to process, checks are costly to transport, and checks take time to move through the check clearing system.

4) Channeling funds from individuals with surplus funds to those desiring funds when the saver does not purchase the borrowers security is known as financial intermediation

5) Financial markets promote economic efficiency by channeling funds from savers to investors.

6) For a commodity to function effectively as money it must be easily standardized, making it easily to certain its value, widely accepted, and divisible into relatively small units.

7) The commercial bank have basic functions such as accept deposits but at certain times.

8) Financial intermediaries act as middleman, borrowing funds from those who have saved and lending these individuals wealth to investors, and help promote a more efficient and dynamic economy

9) Money is defined as anything that is generally accepted of debt

10) Direct finance doesnt involve activities of financial intermediaries

11) Banks are important to the study of money and the economy because they provide a channel for linking who want to save with those who want to invest, and have been a source of rapid financial innovation that is expanding the alternatives available to those wanting to invest their money

12) Money can be traded for other goods quickly and easily compared to all other asset. This money is set to be liquid.

13) The capital management are the management that responsible to get finance to the bank

14) Paper currency evolved because its less costly to transport than is commodity money.

15) Currency includes paper money and coins

16) Because its all medium of exchange, money eliminates this requirements for a double consideration and reduce transaction costs

17) The central bank consider lender of the last resource as it finance all the commercial banks that need funds

18) Store value card is the equivalent of cash

19) Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called financial market.

20) The liquidity management in the commercial bank has trade off between the profitability and liquidity