Banking And Financial Institutions - Study Mode

[#651] When RBI reduces Statutory Liquidity Ratio by 50 or 100 basis points, which of the following should be outcome?
Correct Answer

(C) Scheduled Commercial Banks may cut their lending rates

[#652] The fraudulent and unfair trade practices relating to securities market regulation in 2953 was passed to prohibit:
Correct Answer

(D) manipulation of prices and misleading statements

[#653] A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:
Correct Answer

(A) note caution and will advise the payee to contact purchaser of the draft

[#654] Which of the following is not a feature of OTCEI?
Correct Answer

(D) Fragmentation of regional stock exchanges

[#655] How schemes such as 'Mahatma Gandhi National Rural Employment Guarantee Scheme' could have stirred up inflationary pressure?
Correct Answer

(C) Both A and B