Banking and Finance [Bank-PO (NRA) General-Awareness]: Questions 7 - 11 of 625

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Question 7

Question MCQ▾

Currency swap is an instrument to manage________.

Choices

Choice (4)Response

a.

Cash flows in different currencies

b.

Interest rate risk

c.

Currency and interest rate risk

d.

Currency risk

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Question 8

Question MCQ▾

Which organization/agency plays a major and crucial role to moderate and control inflation in a country?

Choices

Choice (4)Response

a.

SEBI

b.

Stock market of the country

c.

Central bank of the country

d.

Planning Commission of the country

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Question 9

Question MCQ▾

A Foreign Currency (Non-resident) account means ________ .

Choices

Choice (4)Response

a.

An account maintained by foreign bank in India.

b.

An account maintained at a foreign center by a person residing in India.

c.

An account maintained in India in a foreign currency by a foreigner.

d.

An account maintained by a person of Indian nationality or origin , with an authorized dealer in India, in a designated foreign currency.

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Question 10

Appeared in Year: 2013

Question MCQ▾

Balance Sheet indicates what?

Choices

Choice (4)Response

a.

It is a financial statement.

b.

It shows Profit & Loss of a company.

c.

All of above

d.

It shows debits and credits

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Question 11

Question MCQ▾

Minimum balance required to be maintained for cheque book facility

Choices

Choice (4)Response

a.

₹ 500

b.

₹ 100

c.

₹ 1000

d.

₹ 200

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