the economics of money, banking, and financial markets

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8. 
   

   The 2011 premium rate (as a percentage of insured deposits) for member institutions in risk
   category 1 was ____.
   A) 1/36 of 1 percent
   B) 1/18 of 1 percent
   C) 1/9 of 1 percent
   D) 2/9 of 1 percent
   Answer: A
   Diff: 2 Type: MC Page Ref: 228
   Skill: Recall
   Objective List: 10.3 Examine CDIC Developments

   
   


9. 
   

   The 2011 premium rate (as a percentage of insured deposits) for member institutions in risk
   category 2 was ____.
   A) 1/36 of 1 percent
   B) 1/18 of 1 percent
   C) 1/9 of 1 percent
   D) 2/9 of 1 percent
   Answer: B
   Diff: 2 Type: MC Page Ref: 228
   Skill: Recall
   Objective List: 10.3 Examine CDIC Developments

   
   


10. 
    

    The 2011 premium rate (as a percentage of insured deposits) for member institutions in risk
    category 3 was ____.
    A) 1/36 of 1 percent
    B) 1/18 of 1 percent
    C) 1/9 of 1 percent
    D) 2/9 of 1 percent
    Answer: C
    Diff: 2 Type: MC Page Ref: 228
    Skill: Recall
    Objective List: 10.3 Examine CDIC Developments

    
    


11. 
    

    According to CDIC risk profiles, ____.
    A) group 1 is the best and group 4 is the worst
    B) group 4 is the best and group 1 is the worst
    C) all banks are considered to be similar
    D) there is no way to distinguish between them
    Answer: A
    Diff: 2 Type: MC Page Ref: 228
    Skill: Recall
    Objective List: 10.3 Examine CDIC Developments