Which of the Following Statements Is NOT True About the Wholesale

question 93

Multiple Choice

Which of the following statements is NOT true about the wholesale payments system?

• A)It has very few participants compared to the retail system.
• B)The main participants are banks and dealers.
• C)Transactions are settled on a deferred net settlement basis.
• D)It transfers funds between exchange settlement accounts of the payer and the payee.
• E)It mainly settles financial markets transactions.

---

Definitions:

Renewable Resource

Natural resources that can be replenished or regenerated over time, such as solar, wind, and hydroelectric power, contributing to sustainable energy solutions.

Hydro Dams

Large structures built across rivers or streams to control water flow and create reservoirs for hydroelectric power generation, irrigation, or flood control.

Nonrenewable Resources

Natural resources that cannot be replenished at the same rate as they are consumed, including fossil fuels, minerals, and certain groundwater.

Renewable Resources

Natural resources that can be replenished over short periods of time, such as solar energy, wind energy, and biomass.