Planned changes to the settlement of retail payments will place additional liquidity pressures on ADIs.The RBA plans to help ADIs cope through:
A) increasing the interest rate on ESA balances
B) increasing the interest rate in the overnight inter-bank market
C) intraday repos
D) open repos
E) requiring a liquidity reserve.
Correct Answer:
Verified
Q57: Which retail payment mechanism has experienced the
Q58: Which payment mechanism allows organisations to make
Q59: Which payment mechanism is pre-authorised and verified?
A)Direct
Q60: As at 2013, different payment systems exist
Q61: Most Australian shops accept payments via EFTPOS
Q63: Briefly describe the two broad categories of
Q64: Explain why institutions have exchange settlement accounts
Q65: An ADI that requires additional exchange settlement
Q66: Contagion (within the payments system)is NOT:
A)likely
B)serious
C)the collapse
Q67: Which of the following would put downward
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents