McqMate
Q. |
Reverse Repo transaction means |
A. | Sale of securities by the holder to the investor with the agreement to purchase them at a predetermined rate and date |
B. | Sale or purchase of securities by the holder to the investor with the commitment to sell or purchase them at a predetermined rate and date |
C. | Sale and purchase of securities by the holder to the investor with the agreement to purchase them at the prevailing rate and date |
D. | Sale of securities by the holder to the investor with the agreement to purchase them at market driven rate |
Answer» B. Sale or purchase of securities by the holder to the investor with the commitment to sell or purchase them at a predetermined rate and date |
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