Banking And Financial Institutions - Study Mode

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[#686] As per the Master Circular on "Prudential Norms on Capital Adequacy - Basel I Framework", elements of Tier I capital include: 1. Authorized Capital (Ordinary shares), statutory reserves, all other free reserves (disclosed), if any. 2. Paid-up capital (Preference shares). 3. Perpetual Non-Cumulative Preference Shares (PNCPS). 4. Innovative Perpetual Debt Instruments (IPDI).

(A) 1 and 2 only

(B) 2 and 3 only

(C) 1 and 3 only

(D) 3 and 4 only

Correct Answer

(D) 3 and 4 only

[#687] Life Insurance Corporation was established as a:

(A) Government Company

(B) Holding Company

(C) Public Corporation

(D) Subsidiary Company

Correct Answer

(C) Public Corporation

[#688] ETFs are . . . . . . . . ended funds that can be bought at prices, which vary during the day and operate with low tracking error.

(A) close

(B) open

(C) Both A and B

(D) None of the above

Correct Answer

(B) open

[#689] Which of the following can be identified as the proper sequence of banking sector phases in India? 1. It was under private sector control. 2. There was social control. 3. Nationalization happened. 4. There was deregulation.

(A) 2, 3, 1, 4

(B) 1, 2, 3, 4

(C) 2, 1, 3, 4

(D) 1, 3, 4, 2

Correct Answer

(B) 1, 2, 3, 4

[#690] The central bank can significantly influence the savings, investments and consumer spending in the economy through which of the following policy?

(A) Fiscal Policy

(B) Monetary Policy

(C) Industrial Policy

(D) Foreign Exchange Policy

Correct Answer

(B) Monetary Policy