Banking And Financial Institutions - Study Mode

[#156] "BCSBI" stands for:
Correct Answer

(A) Banking Codes and Standards Boards of India

[#157] In regard to assigning risk weight to NPAs, which one of the following is incorrect?
Correct Answer

(C) 50% risk weight, when specific provisions are more than 50% of the outstanding amount of the NPA

[#158] Which of the following reasons was not responsible for the establishment of IMF?
Correct Answer

(B) To assist the member countries in the post war reconstruction

[#159] The Narasimham Committee made separate recommendations for the reforms of . . . . . . . .
Correct Answer

(B) Banking sector

[#160] Find incorrect statements about Small Savings instruments in India. 1. Their interest rates are administered by the Bench Prime Lending rate (BPLR) of RBI. 2. Money collected from SSI, is transferred to National Investment Fund (NIF). 3. Money collected from SSI, forms a part of the Consolidated Fund of India.
Correct Answer

(D) All of them