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 |
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 |
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. |
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 |
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 |