Multiple Choice
Many states in the U.S.impose liquid asset ratios on insurance companies which may be met by
A) cash and excess reserves.
B) cash and municipal bonds from within the state of operation.
C) cash and government securities.
D) cash and policyholder reserves.
E) cash only.
Correct Answer:
Verified
Correct Answer:
Verified
Q127: One method that may be employed by
Q128: The reserve computation period for determining required
Q129: The DI can influence the withdrawal rates
Q130: Up to six percent of excess reserves
Q131: Fed funds are subject to settlement risk,
Q132: Because retail CDs have fixed maturities, FI
Q134: FIs participating in the fed funds market,
Q135: What is the major distinction between NOW
Q136: The minimum daily average reserve requirement is
Q137: MMDAs are considered to be more liquid