Banking And Financial Institutions - Study Mode

[#691] A lost asset refers to:
Correct Answer

(C) where the loss has been identified by the bank

[#692] Public Sector Banks mostly face the issue of non-performing assets. To tide over such situation, which of the following concepts should be used?
Correct Answer

(B) Narrow Banking

[#693] Match List-I from List-II . List-I List-II a. Life insurance 1. Used to avoid fire related risks b. Simple insurance 2. Harvest insurance, aircraft insurance etc c. Fire insurance 3. It is an insurance that is done for the protection of life d. Marine insurance 4. Insurance to be done to avoid marine risks
Correct Answer

(B) a-3, b-2, c-1, d-4

[#694] Who are professionals who offer independent advice on financial matters to their clients and recommend suitable financial products or products that are traded and settled like financial products?
Correct Answer

(B) Independent investment advisors

[#695] Which of the following public sector banks in November 2011, froze its lending to the power sector?
Correct Answer

(C) Punjab National Bank