Banking And Financial Institutions - Study Mode

[#281] Any person or persons acting in concert, who together own . . . . . . . . or more of the open interest in index derivatives are required to disclose the same to the clearing corporation.
Correct Answer

(B) 15%

[#282] Which of the following are functions of a financial system? 1. The operation of a payments system. 2. Provides the means of portfolio adjustment. 3. Helping to reduce unemployment. 4. Channelizing funds between lenders and borrowers. 5. Helping speculators to bet on price movements.
Correct Answer

(B) 1, 2 and 4

[#283] Domestic Currency tends to depreciate owing to:
Correct Answer

(C) High inflation rate

[#284] Contribution towards Rural Infrastructure Development Fund is made by
Correct Answer

(C) Only those commercial banks, who fail to achieve the stipulated benchmark of agricultural advances and/or priority sector advances

[#285] Basel Committee on Banking Supervision is a committee of banking super authorities that was established by:
Correct Answer

(B) Central Bank governors of the group of 10 countries