Banking And Financial Institutions - Study Mode
[#731] What will be the impact on liquidity position, if Reverse Repo Rate is used actively by RBI?
Correct Answer
(A) It will absorb liquidity from the system
[#732] What is the CRISIL rating for New India Assurance Company Limited?
Correct Answer
(B) AAA/Stable
[#733] Letters of credit, Guarantees, Forward Contracts etc., come under which one of the following?
Correct Answer
(D) Off-balance sheet items of a bank
[#734] If a currency note is demonetized, it takes away the . . . . . . . . of that currency.
Correct Answer
(A) legal tender character
[#735] The first Mutual Fund Scheme in India was introduced by
Correct Answer
(C) Unit Trust of India