Which of the following is the most liquid asset?
A) Cheques.
B) Coins and banknotes.
C) Saving bonds
D) Share certificates.
Correct Answer:
Verified
Q27: The most distinctive feature of a commercial
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Q30: The Canadian Payments Association coordinates:
A) clearing of
Q31: Which one do you think is an
Q33: Bank profits come from:
A) rental income on
Q34: A recent development in the financial services
Q35: Banks create money by:
A) granting new loans.
B)
Q36: Fractional reserve banking mans:
A) banks hold cash
Q37: In a fractional-reserve banking system, the reserves/deposits
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