Banking And Financial Institutions - Study Mode

[#251] From which date, banks were allowed free to fix base rates by RBI?
Correct Answer

(A) 1 st April, 2011

[#252] Profitable investment of a Commercial bank includes
Correct Answer

(D) All of the above

[#253] Which of the following statements is the best explanation of how insurance allows a company to manage risk?
Correct Answer

(D) Transferring risk

[#254] Balance of Trade of a country is equivalent to:
Correct Answer

(C) difference between exports and imports

[#255] Which of the following is maintained by NSE to make good investor claims, which may arise out of non-settlement of obligations by the trading member, who has been declared defaulter, in respect of trades executed on the exchange.
Correct Answer

(D) Investor Protection Fund (IPF)