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Elective 3 finals

Authored by wimpleton A

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Elective 3 finals
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39 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

refers to the debt and equity securities that are acquired principally for the purpose of selling or repurchasing them in the near term

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

refers to interest-bearing account which is withdrawable either upon presentation of a property accomplished withdrawal slip together with the corresponding passbook or thru ATM.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

refers to the total amount of cash in the bank's vault in the form of notes and coins under the custody of the cashier, including notes in the possession of tellers and those kept in ATM and the like.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

refers to the balance of the deposit account maintained by banks with the BSP to meet reserve requirements and to serve as clearing account for interbank claims.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

refers to real and other properties used/to be used for banking purposes.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

refers to deposits, subject to withdrawal by check thru available bank channels and/or thru ATM.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

refers to interest-bearing deposits with specific maturity dates and evidenced by certificates issued by the bank

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