Banking And Financial Institutions - Study Mode

[#511] Which one of the following statement is corrrect?
Correct Answer

(A) The Governor is the Reserve Bank's chief executive

[#512] A Company undergoing the process of Initial Public Offering has to file a Draft Red Herring Prospects with SEBI through an eligible merchant banker prior to filling a prospect with the registrar of Companies. What kind of information does this document should it provide? 1. Financial details about the company 2. Price and size of offerings 3. Products details 4. Objects of raising money Select the above correct statements.
Correct Answer

(D) 1 and 4

[#513] What is OTP in credit card transactions?
Correct Answer

(C) One Time Password

[#514] An insurance that is purchased by an insurance company to remain solvent after major claims is known as
Correct Answer

(D) Reinsurance

[#515] One rupee note in India is issued by
Correct Answer

(C) Ministry of finance, government of India