Which One of the Following Statements Is NOT Correct

question 11

Multiple Choice

Which one of the following statements is NOT correct?

• A)A repurchase agreement is the sale of a non-monetary asset together with an agreement to repurchase it a specified future date.
• B)The difference between the price at which a commercial bank sells an asset to the central bank and the price at which it agrees to buy it back can be expressed as an annualized percentage of the selling price, and this is called the refinancing rate.
• C)In SA the refinancing rate is known as the repo rate.
• D)If the central bank raises its refinancing rate then the commercial banks will try to increase their lending.

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Definitions:

Young Women

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Censorship

The suppression or prohibition of any parts of books, films, news, etc. that are considered obscene, politically unacceptable, or a threat to security.

Sexually Explicit Content

Material that depicts sexual acts or nudity intended to arouse.

Enid Blyton

A prolific English author best known for her children's books, including the Famous Five and Secret Seven series.