alleryMatch bank netting: 1. Net: p. Offset 2. Clear: q. Interbank 3. Save: r. Reserves
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Clearing and settlement systems enable banks to offset payments against each other and economize on required reserves.
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