MCQOPTIONS
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| 1. |
Repo transaction means |
| A. | Sale of securities by the bolder to the investor with the agreement to purchase them at a predetermined rate and date. |
| B. | Sale of securities by the holder to the investor with the agreement to resell 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 of securities by the holder to the investor with the agreement to resell them at a predetermined rate and date. | |