Banking And Financial Institutions - Study Mode
[#621] The practice of reducing NPAs through cross-lending to square off loans from bank is known as:
Correct Answer
(A) "Ever-Greening" of advances
[#622] Consider the following statements regarding Basel norms: 1. Basel norms are standards of capital adequacy for banks across the world. 2. At present, banks are adhering to Basel III norms. 3. Basel norms are mandatory for banks in India.
Correct Answer
(C) 1 and 3 only
[#623] Which one is related with microfinancing?
Correct Answer
(A) SHG
[#624] Which of the following is not a function of money?
Correct Answer
(C) Stabilisation of prices
[#625] Which principle in insurance mention the cause of loss must be direct and an insured one in order to claim for compensation?
Correct Answer
(B) Causa Proxima