When a Cheque Is Cleared Against a Bank, It Will

question 130

Multiple Choice

When a cheque is cleared against a bank, it will lose:

• A)cash and securities.
• B)demand deposits and cash reserves.
• C)reserves and stock shares.
• D)loans and demand deposits.

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Definitions:

Hearing

The sense by which sound is perceived, involving the detection of vibrations and their interpretation by the brain.

Nearsightedness

A vision condition in which close objects are seen clearly, but objects farther away appear blurred.

Retina

The light-sensitive layer of tissue at the back of the inner eye, which contains photoreceptor cells that capture light and convert it into electrical signals for the brain to interpret as images.

Nociceptors

Nociceptors are sensory receptors that respond to potentially harmful stimuli by sending nerve signals to the spinal cord and brain, which is interpreted as pain.