Which of the Following Statements Is True

question 51

Multiple Choice

Which of the following statements is true?

• A)RTGS stands for Real Transaction Gross Settlement.
• B)RTGS allows large transactions to be settled at the end of the banking day.
• C)The use of RTGS eliminates settlement risk.
• D)RTGS allows detecting any failure to complete settlement during the day that the transactions occur.

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Definitions:

Standard Form

A way of writing down very large or very small numbers easily. In algebra, it refers to the usual way of writing down equations, focusing on linear equations with the general form Ax + By = C.

Ellipse

A shape representing all the points for which the sum of the distances from two fixed points (the foci) is constant.

Vertex

A point where two or more curves, lines, or edges meet. In the context of geometry, it is often used to refer to the corner point of a polygon or the apex of a cone or pyramid.

Parabola

The graph of a quadratic function, a U-shaped curve that can open upwards or downwards, determined by the function's coefficients.