Which of the Following Statements Is True

question 61

Multiple Choice

Which of the following statements is true?

• A) In the current situation, only small FIs have to hold 9 per cent of their liabilities in specified high-quality liquefiable assets.
• B) Currently, FIs are required to have in place a regulator-approved liquidity management strategy.
• C) Currently, FIs are not subject to the user-pays approach.
• D) Currently, FIs are required to have in place a regulator-approved liquidity management strategy and only small FIs have to hold 9 per cent of their liabilities in specified high-quality liquefiable assets.

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Definitions:

Public Services

Services provided by the government to its citizens, often free of charge or at a subsidized rate, including education, healthcare, transportation, and law enforcement.

Purchasing Power

The ability of a consumer or a group of consumers to buy goods and services with their income at given prices.

Customized Products

Goods that are tailored or modified to meet the specific wants or needs of individual customers or clients.

Cost-Effective

Describes a process, method, or system that provides the best possible outcome or value for the money spent.