1. Which of the following is NOT an example of an OBS transaction for banks?

   		Issuing negotiable certificates of deposit in the money markets
   		Standby letter of credit
   		Open positions in derivatives markets
   		Funds promised to future borrowers, but not yet drawn down

2. An investor whose superannuation is invested in a higher proportion of low-risk assets such as fixed-interest and cash, is likely to be invested in which type of superannuation fund?

   		Managed growth fund
   		Growth fund
   		Self-managed super fund
   		Capital stable fund

3.

Uses of funds appear in the balance sheet of Commercial Banks as assets. Which of the following is a use of funds for a Commercial Bank?

		Debentures and unsecured notes
		Current account, demand and term deposits
		Negotiable certificates of deposit
		Commercial loans offered to business