2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following can be converted into cash to obtain funds in a range of stress scenarios?
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High Quality Liquid Assets
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Cash Reserve Assets
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Statutory Liquid Assets
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Non-performing Liquid Assets
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Explanation:
Detailed explanation-1: -“High Quality Liquid Assets (HQLA)” means liquid assets that can be readily sold or immediately converted into cash at little or no loss of value or used as collateral to obtain funds in a range of stress scenarios.
There is 1 question to complete.