The key feature of the settlement account system that the RBNZ operates with the trading banks is that
Select one:
a.
there is no limit on the amount that banks may deposit into or withdraw from their settlement account.
b.
every bank must maintain a positive balance on their settlement account.
c.
banks must keep a minimum reserve in their settlement account to preserve the integrity of the financial system.
d.
the RBNZ can at any time freeze the balances in these accounts to reduce the money supply.