A Bank That Holds Only U

question 10

True/False

A bank that holds only U.S. Treasury securities is not required to hold any capital since all the assets are risk-less.

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Definitions:

Representative

Someone who stands in or acts on behalf of others, often in a political, sales, or customer service capacity.

Ethnocentric

The conviction that one's own ethnicity or culture is superior to all others.

Exclusionary

Pertaining to the act or policy of excluding certain people or groups from participating in an activity, institution, or society.

Clinical Research

The in-depth examination of an individual or a group by a clinician who assists with psychological or medical problems.