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In Relation to the Payments System the Huge Number of Low-Value

Question 5

Multiple Choice

In relation to the payments system the huge number of low-value transactions is:


A) cleared by real-time gross settlement.
B) netted and settled at the end of each day.
C) settled immediately by banks' settlement accounts at the Reserve Bank of Australia.
D) netted and settled through banks dealing with Austraclear.

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