Banking And Financial Institutions - Study Mode
[#211] Match the following. List-I List-II a. Letter of reference 1. Advancing loans b. Sale of gold coins 2. Receiving deposits c. Recurring account 3. Non-banking function d. Overdrafts 4. Agency function
Correct Answer
(B) a-4, b-3, c-2, d-1
[#212] By "Deemed Exports" it means:
Correct Answer
(A) supplies of goods and services to units within the country which can earn foreign currency to the country
[#213] Which of the following are the important features of option contracts? 1. Buyers of option have limited liability. 2. Options have high degree of risk to option writers. 3. Options are exercisable only by buyers of option. 4. Buyers of option have all rights which are available to equity shareholders of the concerned companies.
Correct Answer
(A) 1, 2 and 3
[#214] What is the full form of FINO?
Correct Answer
(D) Financial Inclusion Network and Operations
[#215] Since, investors can diversify away their . . . . . . . . risks, they have to be compensated only for . . . . . . . . risk.
Correct Answer
(B) non-systematic, systematic