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American Bankers Association CRCM Exam - Topic 2 Question 45 Discussion

Posted by Sheridan on May 05, 2022 at 01:00 AM

Which of the following elements is NOT required to be in a repurchase agreement between a bank that is a government securities dealer and a counterparty?

Suggested Answer: D

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7 comments · newest first
HA
Haley 11 months ago
Yup, the bank's status as a dealer is a must-have too!
ZE
Zena 12 months ago
The list of specific securities is definitely required.
CA
Carlota 12 months ago
Wait, are you sure about that? Seems important to me.
KA
Kara 12 months ago
Totally agree, that one's not essential!
JO
Jolene 1 year ago
A statement about FDIC insurance isn't needed.
RA
Raylene 1 year ago
I remember the instructor mentioning that the package file can be exported to any location that SAS Data Integration Studio has write access to, not just the local machine. I'm going to go with option B.
SK
Skye 1 year ago
I've got this! The formula is n(n-1)/2, where n is the total number of stakeholders. So with 75 internal and 245 external, the total is 320 stakeholders. Plugging that in, the answer is 51,040 communication channels.
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