Banking And Financial Institutions - Study Mode

[#126] The First Report of Narsimhan Committee for the banking sector reforms was presented
Correct Answer

(B) In 1991

[#127] What is meant by devaluation of rupee?
Correct Answer

(C) Decrease in external purchasing power of rupee

[#128] Which of the following statement is correct about daily volumes in the call money market?
Correct Answer

(D) Call money markets record the highest daily transaction value amongst all segments of debt markets

[#129] An investor sold 100 nifty futures at Rs 4,500 future. He bought them back at Rs. 5,000 per future total profit/loss is Rs.
Correct Answer

(C) (-) 5,000

[#130] In case of Term Loans, the period of limitation is calculated as three years from:
Correct Answer

(D) Due date of each installment