Which of the following statements about deposits is correct?
A) Call accounts represent a fluctuating source of funds for banks.
B) Term deposits are funds lodged with a bank for longer than two weeks.
C) As current accounts are highly liquid, they form an unstable source of funds for a bank.
D) A cheque account may pay interest.
Correct Answer:
Verified
Q9: Banks have gradually moved to liability management
Q10: For banks,asset management refers to:
A) managing the
Q11: When a bank raises funds in the
Q12: Deregulation of the banking sector throughout the
Q13: Each of the following balance sheet portfolio
Q15: The level of banks' share of assets
Q16: The market structure of the banking sector
Q17: Which of the following statements about banks'
Q18: Unlike most other businesses,a bank's balance sheet
Q19: For banks,liability management refers to:
A) managing the
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