Banking And Financial Institutions - Study Mode

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[#216] Which of the following statement(s) is/are correct? 1. Corporative Banks are governed by the banking Regulations Act, 1951. 2. State Bank of India Act was enacted in the year 1955. 3. After nationalisation of 24 major commercial banks, they become the important instrument for advancement of rural banking. 4. NABARD was established on 12 th July, 1992 with an initial capital of Rs. 200 crore. Select the correct answer

(A) Only 1

(B) Only 2

(C) 1, 2 and 3

(D) Only 4

Correct Answer

(B) Only 2

[#217] Revaluation reserves are considered as a discount, while determining their value for inclusion in Tier II capital. What is that discount?

(A) 40%

(B) 50%

(C) 60%

(D) 55%

Correct Answer

(D) 55%

[#218] Which of the following pairs are correct? 1. Shyamala Gopinath: Discontinue Kisan Vikas Parra 2. S. S. Tarapore: Discontinue Capital Account convertibility 3. H. R. Khan: Utilize unclaimed deposits from PPF & Post offices, for Senior citizens welfare.

(A) 1 and 2

(B) 2 and 3

(C) 1 and 3

(D) All of them

Correct Answer

(B) 2 and 3

[#219] Which of the following statements are false? 1. Grey market is a market for dealing in listed securities. 2. OTCEI is mainly intended for big investors. 3. Insider Trading is legally permitted in the capital market. 4. The device adopted to make profit out of the differences in prices of a security in two different markets is called 'arbitrage'.

(A) 1, 2 and 3

(B) 1, 2 and 4

(C) 1, 2, 3 and 4

(D) 2, 3 and 4

Correct Answer

(A) 1, 2 and 3

[#220] Expand the term ALM as used in banking/finance sector:

(A) Asset Liability Mismatch

(B) Asset Liability Maturity

(C) Asset Liability Management

(D) Asset Liability Manpower

Correct Answer

(C) Asset Liability Management