首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Commercial bank deposits, including demand deposits, are subject to immediate withdrawal during regular banking hours at the req
Commercial bank deposits, including demand deposits, are subject to immediate withdrawal during regular banking hours at the req
admin
2013-12-25
91
问题
Commercial bank deposits, including demand deposits, are subject to immediate withdrawal during regular banking hours at the request of the depositor with the exception of certain time deposits , discussed in this section. Demand deposits may be withdrawn in the form of currency or coin, or they may be transferred to another account at any commercial bank. Demand deposits at commercial banks can be transferred by bank check and are sometimes called checking accounts. No money interest is paid on demand deposits. Checkable NOW accounts, or share drafts at credit unions, which are available to consumers but not business depositors, pay interest. Technically, they are savings accounts that are accessible by a negotiable order of withdrawal.
Savings deposits at commercial banks and thrifts can usually be withdrawn as currency or coin, or as a cashier’ s check of the bank(a check drawn against the issuing bank); they may be transferred into the depositor’ s demand deposit account at the same bank, although technically the bank may refuse to withdraw or transfer a savings account for 30 days.
Time deposit accounts with specified maturities are exceptions to the convention that commercial bank deposits should be convertible to cash on demand. Prior to the date of maturity, the bank may refuse to exchange such a time deposit claim or may impose a penalty fee. The time deposit pays interest, giving it one of the characteristics of other private bonds.
Consumer or personal time deposits include CDs in denominations of less than $ 100,000. They are non-negotiable; that is, they cannot be sold and must be returned to the issuing bank by the o-riginal purchaser. Until 1976, there were effective ceilings on interest payments. In 1973, consumer CDs were first authorized with ceiling interest yields closer to market interest rates. They were called money market certificates.
Which of the following is not mentioned in the passage?
选项
A、CDs are a kind of consumer time deposits.
B、All the consumer or personal time deposits are non-negotiable.
C、No money interest is paid on personal time deposits.
D、The interest yields of consumer CDs are closer to market interest rates.
答案
C
解析
文章最后一段提到there were effective ceilings on interest payments,由此可知C选项错误。
转载请注明原文地址:https://kaotiyun.com/show/dUid777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
相关试题推荐
Weight(体重)isoneofthetaboosubjects.InAmerica,itisOK,orevengood,tobethinbutitisanembarrassment(尴尬)tobeoverw
Weight(体重)isoneofthetaboosubjects.InAmerica,itisOK,orevengood,tobethinbutitisanembarrassment(尴尬)tobeov
Weight(体重)isoneofthetaboosubjects.InAmerica,itisOK,orevengood,tobethinbutitisanembarrassment(尴尬)tobeov
Weight(体重)isoneofthetaboosubjects.InAmerica,itisOK,orevengood,tobethinbutitisanembarrassment(尴尬)tobeov
Weight(体重)isoneofthetaboosubjects.InAmerica,itisOK,orevengood,tobethinbutitisanembarrassment(尴尬)tobeov
We______aroundthefactoryduringourvisit.
随机试题
我国中学二级和三级教师职务由()
雨期填筑路堤需借土时,取土坑距离填方坡脚不宜小于()。
会计核算软件在进行系统初始化时,必须输入操作人员岗位分工情况,但为了保密,可以不输入操作密码。()
根据刑事法律制度的规定,下列有关对共同犯罪人的处罚,表述不正确的有()。
下列有关税法特点的说法,错误的是()。(2011年真题)
可以通过管理决策行动改变的成本包括()。
票据权利应在法定期限内行使,下列选项中将造成票据权利消灭的有()。
除一人有限责任公司外,有限责任公司全体股东的首次出资额不得低于注册资本的20%,也不得低于法定的注册资本最低限额,其余部分由股东自公司成立之日起两年内缴足;其中,投资公司可以在5年内缴足。()
加拿大的国树是(),也是加拿大民族的象征。
a,b取何值时,方程组有解?
最新回复
(
0
)