American Bankers Association CRCM Exam - Topic 2 Question 45 Discussion

Actual exam question for American Bankers Association's CRCM exam

Question #: 45
Topic #: 2

[All CRCM Questions]

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?

AA statement that the funds are not insured by the FDIC

BA list of the specific securities that are the subject of the agreement

CA provision for substitution of securities if they can be substituted

DA statement that the bank is a regulated government securities dealer

Show Suggested Answer

Suggested Answer: D

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

Limited Time Offer

25%

5 months ago

A statement about FDIC insurance isn't needed.

upvoted 0 times

...

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.

upvoted 0 times

...

Skye

5 months 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.

upvoted 0 times

...

American Bankers Association CRCM Exam - Topic 2 Question 45 Discussion

Contribute your Thoughts:

Haley

Zena

Carlota

Kara

Jolene

Raylene

Skye