I Foreign Currency Deposits of Canadian Residents at Chartered Banks

question 51

Multiple Choice

i. foreign currency deposits of Canadian residents at chartered banks in Canada
ii. non-chequable notice and personal term deposits at chartered banks
iii. currency outside chartered banks
iv. publicly held demand deposits and chequable notice deposits at chartered banks
v. non-chequable notice and personal term deposits at near banks and some other liquid assets
vi. nonpersonal term deposits at chartered banks
vii. chequable notice deposits at near banks

-Which of the following is never defined as near money?

• A)term deposits at chartered banks
• B)term deposits at near banks
• C)money market mutual funds
• D)notice deposits at near banks
• E)publicly held demand deposits

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Definitions:

Mobile Commerce

The purchase and sale of goods and services via wireless portable devices like smartphones and tablets.

Smartphone

A mobile phone that combines a computer's capabilities with those of a phone, including internet access and a variety of applications.

B2E

Business-to-Employee, electronic transactions and services provided by a company to its employees.

Healthcare Benefits

Healthcare benefits refer to the health-related services and coverage that employers, government programs, or insurance policies provide to individuals.