The Target for Settlement Balances Is Set at ________

question 100

Multiple Choice

The target for settlement balances is set at ________.

• A) zero with no adjustments for any pressures on the overnight rate
• B) zero but the Bank makes adjustments depending on pressures on the overnight rate
• C) zero but the Bank makes adjustments depending on pressures on the prime rate
• D) always positive with no adjustments

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Definitions:

Judgmental Role

A role that involves making decisions or forming opinions about others often based on one’s personal biases or standards.

Counselling Role

Involves providing guidance and support to help individuals manage personal or psychological issues and make informed decisions.

Direct Evaluation

The process of assessing something or someone through direct observation, testing, or analysis without intermediaries.

Mentoring

A form of training that assigns new hires and early-career employees as proteges to more senior employees.