Flexible Credit Line (FCL)refers To

question 46

Multiple Choice

Flexible Credit Line (FCL) refers to:

• A)a system in which currencies float against one another with governments intervening only to stabilize their currencies at set target exchange rates.
• B)a negotiable certificate issued by a U.S.bank representing a specified number of shares (or one share)in a foreign stock that is traded on a U.S.exchange.
• C)a fast-disbursing loan facility with low conditionality aimed at reassuring investors by injecting liquidity.
• D)an international monetary reserve asset issued by the IMF.
• E)the main currency that many countries and institutions hold as part of their foreign exchange reserves.

---

Definitions:

Information Technology

The study or use of systems (especially computers and telecommunications) for storing, retrieving, and sending information.

Copyright Board

An agency responsible for overseeing copyright licenses, tariffs, and related issues in a specific geographic area.

Trademark Confuses

Situations where a trademark is so similar to another that it could mislead the public or cause confusion between the products or services offered.

Infringement

Infringement is the violation of a law or a right, often used in the context of intellectual property, where it refers to unauthorized use of protected works, patents, or trademarks.