Multiple Choice
The assets and liabilities of Finacle Bank as on December 31,2015,are as follows:
$20,000 of short-term securities issued by governments and private borrowers (about to mature) ,$12,000 of borrowings from the money market,$15,000 of short-term savings accounts,$12,000 of variable-rate loans and securities,$18,000 of long-term loans made at a fixed interest rate,$25,000 of long-term savings and retirement accounts,$22,000 of deposits in the Central Bank (held as legal reserves) ,$550,000 of equity capital provided by the bank's owners,and $500,000 of building and equipment.
Which of the following is a repriceable liability for Finacle Bank?
A) Long-term savings and retirement accounts
B) Variable-rate loans and securities
C) Borrowings from the money market
D) Equity capital provided by the owners
E) Long-term loans made at a fixed interest rate
Correct Answer:

Verified
Correct Answer:
Verified
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