Banking And Financial Institutions - Study Mode
[#446] With reference to digital system, which of the following statements is correct?
Correct Answer
(A) The payer and the payee both use electronic mediums to exchange money
[#447] The insurance companies collect a fixed amount from its customers at a fixed interval of time, what is it called?
Correct Answer
(A) Premium
[#448] Which of the following are the functions of the central bank?
Correct Answer
(D) All of these
[#449] As per Basel III, the risk of losses in on-balance sheet and off-balance sheet positions arising from movements in market prices is called:
Correct Answer
(B) Market risk
[#450] Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy means as
Correct Answer
(A) sale or purchase of government securities