The RBA Provides Two Mechanism to Help ADIs Manage Period

question 57

Multiple Choice

The RBA provides two mechanism to help ADIs manage period of intraday illiquidity.These are:

• A)intraday repos and payment queue adjustments
• B)the inter-bank overnight market
• C)open-market operations and the cash rate
• D)the overnight market and intraday repos
• E)overnight funds from the RBA and payment queue adjustments.

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Definitions:

Grasshoppers

Insects belonging to the suborder Caelifera within the order Orthoptera, known for their powerful hind legs for jumping and sometimes their roles as agricultural pests.

Meadowlarks

A group of North American grassland birds, known for their distinctive calls and beautiful songs.

Thorn Trees

Trees characterized by sharp, pointed spines or thorns on their branches or around their trunks, often found in arid or semi-arid climates.

Semidesert

A dry area that has slightly more rainfall than a desert, which supports a sparse vegetation cover.