Which of the Following Statements Is NOT Correct? High-Value Payments

question 64

Multiple Choice

Which of the following statements is NOT correct? High-value payments in the ASX are:

• A)fed to RITS by CHESS.
• B)settled through the real-time gross settlement system.
• C)trigger interbank transfers among ESAs.
• D)processed through SWIFT PDS.

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Definitions:

Nuts

Hard-shelled seeds of certain plants that are edible and often rich in nutrients such as fats, proteins, and carbohydrates.

Homothetic Preferences

Preferences where if a consumer prefers a bundle of goods A to B, they will also prefer a proportional scaling of A to the same proportional scaling of B, indicating consistent patterns of consumption regardless of income level.

Income

Earnings accumulated, often on a consistent schedule, from employment or investment gains.

Books

Physical or digital publications consisting of written, printed, or illustrated work.