Banking And Financial Institutions - Study Mode

[#371] An Indian investor investing in a US equity stock mutual fund, would be worried about what happens to the exchange rate of
Correct Answer

(C) US Dollar : Indian Rupee

[#372] Which of the following are money markets instruments? 1. Treasury, 8%, 2011. 2. National Savings Certificates. 3. A 3-month certificate of deposit. 4. A treasury bill with 7 days to maturity. 5. A 14-day repurchase agreement of Treasury 8% 2007.
Correct Answer

(D) 3, 4 and 5

[#373] In case the security has not been traded on a particular day, . . . . . . . . at the NSE is to be considered as the closing price.
Correct Answer

(C) the latest available closing price

[#374] Which of the following terms is incorrect?
Correct Answer

(C) Stabled Broker

[#375] What is POP-SP in relation to New Pension System introduced on the 1 st May 2009:
Correct Answer

(A) Point of Presence Service Provider for registering the citizens under the Scheme and remitting their subscriptions