Multiple Choice
Which of the following statements is true?
A) Off-balance-sheet transactions for Australian banks include direct credit substitutes, interest rate derivative contracts and foreign exchange derivative contracts.
B) On-balance-sheet transactions for Australian banks include direct futures and forward contracts.
C) Off-balance-sheet transactions for Australian banks include the commercial loans and term deposits.
D) All of the listed options are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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