Identify the INCORRECT statement regarding the income of ADIs from intermediation.
A) ADIs earn an interest-rate margin.
B) ADIs also earn fees from their activities as intermediaries.
C) ADIs fees include account servicing fees and credit card fees.
D) The net interest margin of ADIs has increased over the last 15 years.
E) All of these are correct.
Correct Answer:
Verified
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Q57: ADI deposit accounts do NOT offer depositors:
A)a
Q58: A bank accepts 90 day bills with
Q59: Fixed-term deposits:
A)are funds that are available at
Q61: A bank's prime interest rate refers to:
A)its
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Q63: Bill acceptance:
A)uses commercial bills, which are secured
Q64: A company that uses a bill facility
Q65: A process whereby a bank can sell
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