Question

What does the “C” stand for in LCR?

A Crucial Correct Answer Incorrect Answer
B Cover Correct Answer Incorrect Answer
C Company Correct Answer Incorrect Answer
D Country Correct Answer Incorrect Answer
E Coverage Correct Answer Incorrect Answer

Solution

The liquidity coverage ratio (LCR) refers to the proportion of highly liquid assets held by financial institutions, to ensure their ongoing ability to meet short-term obligations.

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