Current Affairs-Major Financial and Economic News (Bank-PO General-Awareness): Questions 107 - 110 of 600

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Question number: 107

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

RBI has liberalized norms for Overseas Direct Investment by Indian companies. What are these norms?

Choices

Choice (4) Response

a.

Bank may permit creation of charge on the domestic assets.

AND

Bank may permit creation of charge on the overseas assets (excluding the shares) of the JV/WOS/SDS.

b.

Bank may permit creation of charge on the shares of an Indian party in favour of a domestic or overseas lender for securing funded and/or non-funded facility.

c.

The loan availed by the JV/WOS/SDS from the domestic/overseas lender shall be utilized only for its core business activities overseas and not for investing back in India in any manner whatsoever.

d.

All a. , b. and c. are correct

Question number: 108

» Current Affairs » Major Financial and Economic News

MCQ▾

Question

Canara Bank has decided to opened branch at which among the following place?

Choices

Choice (4) Response

a.

Germany

b.

Bahrain

c.

Hong Kong

d.

New York

Question number: 109

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

What is EMV (Euro pay MasterCard Visa) chip and pin technology?

Choices

Choice (4) Response

a.

It is use to minimize frauds

b.

To ensure security in card-based payment transactions.

c.

ALL

d.

A chip-and-PIN card is a plastic card of standard size.

Question number: 110

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

Who has been appointed as new Chairman of Central Board of Direct Taxes?

Choices

Choice (4) Response

a.

Aditya Vardhan Agarwal

b.

K. V. Chowdary

c.

R K Tewari

d.

Arijit Basu

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