1. 1
2. 2
3. 3
4. 4
1
1. A
2. B
3. C
4. D
D
1. 55%
2. 45%
3. 35%
4. 50%
55\%
1. 8
2. 7
3. 6
4. 5
7
1. 0
2. 1
3. 2
4. 7
1
1. 4
2. 5
3. 6
4. 7
5
1. 0
2. 1
3. 2
4. 3
1
1. The second round issues have a higher maturity than the first round for all dates.
2. The second round issue of any date has a lower maturity only when the first round notified amount exceeds that of the second round.
3. On at least one occasion, the second round issue having lower maturity received a higher number of competitive bids.
4. None of the above three statements is true
On at least one occasion, the second round issue having lower maturity received a higher number of competitive bids.
1. Competitive bids received always exceed non-competitive bids received.
2. The number of competitive bids accepted does not always exceed the number of non- competitive bids accepted.
3. The value of competitive bids accepted on any particular date is never higher for higher maturity.
4. The value of non-competitive bids accepted in the first round is always greater than that in the second round
The value of non-competitive bids accepted in the first round is always greater than that in the second round
1. Financial
2. Scams
3. Products
4. none of these
Products