100 PASS RATE
, Question 1
Treasury bills are issued on an auction basis by the Financial Markets Department of the
SARB every Thursday morning, on behalf of National Treasury.
True
False
Question 2
The purpose of TB issues is to enable the government to raise short-term funds in the
money market to fund say previously issued TBs that mature.
True
False
Question 3
The South African Reserve Bank has the executive authority over the setting of interest
rates
True
False
Question 4
The NCR is responsible for the implementation of the banking act in South Africa.
True
False
Question 5
South African reserve bank is the only regulator to the commercial banks in South Africa.
True
False
Question 6
National Treasury in consultation with the executive cabinet determines the South
African interest rate.
True
False
Question 7
The main role of treasury management is improving the business profitability
True
False
, Question 1
Treasury bills are issued on an auction basis by the Financial Markets Department of the
SARB every Thursday morning, on behalf of National Treasury.
True
False
Question 2
The purpose of TB issues is to enable the government to raise short-term funds in the
money market to fund say previously issued TBs that mature.
True
False
Question 3
The South African Reserve Bank has the executive authority over the setting of interest
rates
True
False
Question 4
The NCR is responsible for the implementation of the banking act in South Africa.
True
False
Question 5
South African reserve bank is the only regulator to the commercial banks in South Africa.
True
False
Question 6
National Treasury in consultation with the executive cabinet determines the South
African interest rate.
True
False
Question 7
The main role of treasury management is improving the business profitability
True
False
