The Intra bank rate is more volatile, because it is

a.

Determined according to demand and supply on daily basis

b.

Determined by the central bank according to banks request

c.

Determined by the central bank adjusted periodically

d.

Determined according to demand and supply on weekly basis

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According to Sir John Paget, which of the following is true for Duration theory?

a.

Bank customer must have continuous dealings with the bank

b.

Bank customer must not withdraw money from his account for a specific time

c.

Bank customer must have minimum balance in his account

d.

Bank customer must have maximum balance in his account

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Bank Muscat have the largest network of branches in Oman. Recently Carrefour has started a new branch in Salalah and they want to start banking relationship with Bank Muscat. Carrefour is more interested in investment for long term plans to get high rewards. Which type of plan is more suitable for Carrefour?

a.

Negotiable certificate of deposit

b.

Certificate of deposit

c.

Saving account

d.

Term deposit