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81
Concentration Banking is a method of:
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Answer: Option A
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82
Arrange the following financial institutions in ascending order of their year of establishment:
1. National Housing Bank
2. Export-Import Bank of India
3. NABARD
4. Unit Trust of India
Choose the correct option:
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Answer: Option C
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83
Which of the following statement is true?
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Answer: Option D
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84
The risks involved in paying a post-dated cheque are:
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Answer: Option D
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85
The different forms of IMF assistance are given below. Identify the one which is mainly meant for Less Developed Countries (LDCs)
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Answer: Option C
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86
Which one of the following is not the objective of UTI?
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Answer: Option B
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87
PIN in banking transaction is known as
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Answer: Option C
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88
Currency chest balance will be periodically verified by
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Answer: Option C
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89
Match the items of List-I with List-Il.
List-I List-II
a. Future 1. Consists of purchase or sale of commodities in two different markets with the expectations that a future change in price in one market will be offset by an opposite change in the other market
b. Swap 2. A contract in which a seller agrees to deliver an asset to a buyer at a predetermined price at some future date as privately negotiated
c. Hedging 3. A contractual agreement for exchanging a steam of payments with opposite and matching needs, to reap the benefit arising due to market discrepancies
d. Forward 4. A contract covering the purchase and sale of physical commodities or financial instruments for future delivery on a future exchange floor
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Answer: Option D
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90
When the amount for which a subject matter is insured is more than its actual value, it is called:
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Answer: Option D
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