Banking Awareness MCQs for Banking exams, IBPS, SBI Page-9 section-1

Important Theory / Shots Trick on Banking Awareness Miscellaneous
Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7

41.
In which year, Credit Guarantee Corporation created ?

A. 1975

B. 1971

C. 1975

D. 2001

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42.
A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:

A. Note caution and will advice the payee to contact purchaser of the draft

B. Not act on the request

C. Stop payment

D. Performs no action

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43.
Mutual funds are required to be registered with:

A. AMFI

B. SEBI

C. IBA

D. RBI

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44.
What is Yield Curve Risk?

A. It is a line of graph plotting the yield of all maturities of a particular instrument.

B. Yield curve changes its slope and shape from time to time.

C. Yield curve can be twisted to the desired direction through the intervention of RBI.

D. All of the above

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45.
The biggest international financial centre in the world:

A. Frankfurt

B. Geneva

C. London

D. New York

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Banking Awareness MCQs for Banking exams, IBPS, SBI

41. In which year, Credit Guarantee Corporation created ?

Answer & Solution

42. A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:

Answer & Solution

43. Mutual funds are required to be registered with:

Answer & Solution

44. What is Yield Curve Risk?

Answer & Solution

45. The biggest international financial centre in the world:

Answer & Solution

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41.
In which year, Credit Guarantee Corporation created ?

42.
A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:

43.
Mutual funds are required to be registered with:

44.
What is Yield Curve Risk?

45.
The biggest international financial centre in the world: