W: There are three major benefits : ease of check clearance, electronic fund transfer and ability to borrow from the Fed.
Q: Which of the following is not mentioned by the woman?
(14)
A.Interbank lending.
B.Cheek clearance.
C.Electronic fund transfer.
D.Borrowing ability.
The banks will be punished by the Reserve Bank if they refuse to cooperate.
A.Right
B.Wrong
C.Doesn't say
You should try to ______ your ambition and be more realistic.
A) reserve B) restrain C) retain D) replace
You should try to your ambition and be more realistic.
A) restrain B) retain C) reserve D) replace
Who determined the actual level of federal funds rate?
A.The Fed.
B.Market forces.
C.The FOMC
D.none of the above.
The federal law and the FDIC's regulations have the same power of financial supervision.
A.Right
B.Wrong
C.Doesn't say
A.there is no self-correcting mechanism
B.currency values become unstable
C.the value of the reserve currency declines
D.world inflation increases
A.The service fee is about 1 percent of the amount of credit involved.
B.It's almost impossible for the issuer to honor the payment after analyzing the financial condition of the customer.
C.The issuing banks must carry reserve requirements for the guarantee.
D.The issuer of the credit guarantee will never be called upon to make payment.