A. correspondent banks
B. non-correspondent banks
C. reciprocal transactions
D. functional banks
Related Mcqs:
- The repurchase agreements having maturity of longer term have denominations of ____________?
A. $40 million
B. $10 million
C. $20 million
D. $30 million - The repurchase agreements having maturity of one week or lesser have denominations of ____________?
A. $10 million or more
B. $20 million or more
C. $25 million or more
D. $15 million or more - The operating tool used by Federal Reserve to influence the supply of bank to control demand and supply of repurchase agreements is classified as ____________?
A. selling window
B. buying window
C. premium window
D. discount window - The repurchase agreements usually called repos, can be traded _____________?
A. directly
B. with brokers or dealers
C. functional buyers
D. both A and B - The principal issuer of the commercial papers are commercial banks and the major investors of principal investors includes ____________?
A. brokers and dealers
B. corporations
C. other financial institutions
D. all of the above - The economic period in which the banks have excess funds is classified as _____________?
A. functional time line
B. contract timing
C. contraction period
D. expansionary periods - The drafts which are backed up by banks and are payable to seller of products or services are classified as ___________?
A. banker acceptance
B. secured acceptance
C. unsecured acceptance
D. economic acceptance - The type of Eurodollars deposits denominated in banks outside United States is classified as __________?
A. mutual certificate of deposit
B. euro dollar certificate of deposit
C. expansionary certificate of deposit
D. euro dollar contraction deposit - The rate which is used in major banks in United States as a rate for industrial and commercial loans is _____________?
A. London intra bank offered rate
B. London interbank offered rate
C. euro interbank offered rate
D. demand intra bank rate - The most flexible and liquid source of funding for savings banks is ___________?
A. annual loan market
B. federal funds market
C. functional funding market
D. secured funding market
