Banking and Finance (Bank-PO General-Awareness): Questions 87 - 90 of 620

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Question number: 87

» Banking and Finance

MCQ▾

Question

What is Bootstrapping?

Choices

Choice (4) Response

a.

It is an iterative process of generating a Zero Coupon Yield Curve

b.

It observing the yield for the shortest-term money market discount instrument

c.

Both a. and b. are correct

d.

None of the above

Question number: 88

» Banking and Finance

MCQ▾

Question

Recently RBI issued some guidelines for the new bank licenses. Which among the following is not a guideline for the new bank licenses?

Choices

Choice (4) Response

a.

Existing NBFCs, if considered eligible, may be permitted to promote new banks or convert themselves into banks.

b.

New banks will have to set up 30 % of its branches in unbanked rural areas.

c.

Any promoter or promoter group should have minimum 10 years good financial record.

d.

Bank should have 49 % cap on foreign holding in new banks and minimum paid-up equity capital is Rs. 500 crores.

Question number: 89

» Banking and Finance

MCQ▾

Question

For an instrument to be called a cheque must fulfill certain conditions. Which among the following condition doesn’t include in it?

Choices

Choice (4) Response

a.

It is not payable on demand

b.

It contains unconditional order

c.

It is drawn by the drawer

d.

It is an instrument in writing

Question number: 90

» Banking and Finance

MCQ▾

Question

Depreciation of an asset occurs due to/when ________.

Choices

Choice (4) Response

a.

decrease in the value of assets

b.

the value of assets remain constant for a longer time

c.

increase in the value of assets

d.

All of the above

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