Banking And Financial Institutions - Study Mode

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[#596] One of the major challenges, banking industry is facing these days is money laundering. Which of the following acts/norms are launched by the banks to prevent money laundering in general?

(A) Know Your Customer Norms

(B) Banking Regulation Act

(C) Negotiable Instrument Act

(D) None of the above

Correct Answer

(D) None of the above

[#597] Which of the following is indicated by security sigma that is linked with the security computed as at the end of the previous trading day?

(A) weighted mean

(B) volatility

(C) impact cost

(D) none of the above

Correct Answer

(B) volatility

[#598] The profitability of public-sector banks is low due to (i) Over-cautions approach to lending (ii) Reserve Bank Policies (iii) High Overhead Costs (iv) Social-sector lending Identify the correct option:

(A) (i) and (ii)

(B) (i) and (iv)

(C) (i), (iii) and (iv)

(D) (ii) and (iii)

Correct Answer

(C) (i), (iii) and (iv)

[#599] Head Office of the Asian Development Bank located in:

(A) Jakarta

(B) Manila

(C) Nairobi

(D) Tokyo

Correct Answer

(B) Manila

[#600] The profitability of public sector banks is low due to 1. Over-cautions approach to lending 2. Reserve Bank policies 3. High overhead costs 4. Social sector lending

(A) Both 1 and 2

(B) Both 1 and 4

(C) 1, 3 and 4

(D) Both 2 and 3

Correct Answer

(C) 1, 3 and 4