Which of the Following Statements Is True

question 30

Multiple Choice

Which of the following statements is true?

• A) Key performance ratios for credit unions and building societies indicate that from 2005 to 2011 their cost structures were higher than for banks.
• B) Key performance ratios for credit unions and building societies indicate that from 2005 to 2011 their cost structures were lower than for banks.
• C) Deposits are a higher proportion of the funding base for banks than for credit unions and building societies.
• D) Despite credit unions and building societies having higher cost structures over the period 2005-2011 than banks, they have much lower bad debt expenses than banks and hence have navigated the GFC well in terms of their overall performance.

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Definitions:

Yakshi

A female earth spirit, considered a symbol of fertility, depicted in ancient Indian sculpture and art.

Fertility

The natural or human-powered capability to produce offspring or yield crops; often symbolized in various forms of art and culture.

Vegetation

The plants and plant life of a region or environment, considered collectively.

Meditation Gesture

A hand position (mudra) commonly used in meditation practices to help focus and direct energy or intention.