Question
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
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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
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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 |
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