Banking And Financial Institutions - Study Mode
[#641] Which of the following pair is incorrect?
Correct Answer
(A) EXIM ⇔ For Import-Export
[#642] Which among the following defines the process of converting physical certificates into electronic form?
Correct Answer
(D) DEMAT
[#643] The floating rate system is characterised by:
Correct Answer
(A) the market forces that determine the exchange rate between two currencies
[#644] Which of the following are probable benefits of securitization, in which assets are transformed into security? 1. For the owner of the asset, it improves the liquidity position as the future receivables are replaced by cash. 2. It improves the channelization of money in the economy.
Correct Answer
(C) Both 1 and 2
[#645] Most firms shift their risks by
Correct Answer
(A) buying an insurance policy