Off-balance-sheet business is usually divided into four major categories:
A) Direct credit substitutes, trade and performance-related items, commitments and trade guarantees.
B) Direct credit substitutes, trade and performance-related items, commitments and market-related transactions.
C) Direct credit substitutes, trade and performance-related items, commitments and underwriting facilities.
D) Direct credit substitutes, 'standby letters of credit', commitments and market-related transactions.
Correct Answer:
Verified
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