ACI
3I0-013 · Question #41
3I0-013 Question #41: Real Exam Question with Answer & Explanation
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Question
Which of the following statements best describes collateral?
Options
- ALiquid assets pledged by one or both counterparties to the other to reduce credit risk
- BDeposits placed by a commercial bank with a central bank tofulfillreserve asset ratios
- CAny deposit placed by an institution with another institution of a lower credit rating
- DAny cross border payment of currency
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