Current Affairs-Major Financial and Economic News (Bank-PO General-Awareness): Questions 249 - 252 of 600

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Question number: 249

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

RBI has revised guidelines on mortgage guarantee companies. Which among the following are the not guidelines of mortgage guarantee companies?

Choices

Choice (4) Response

a.

The aggregate of provisions made towards losses and contingency reserves is at least 70 percent of the premium or fee earned during a financial year.

b.

The guarantees provided by customers may be treated as contingent liabilities, for which credit conversion factor would be 50 percent.

c.

The contingency will keep minimum of 24 percent of the premium or fee earned.

d.

MGCs have to provide for a lower appropriation to contingency reserves if provisions made towards losses exceeded 35 percent of the premium or fee earned during a financial year.

Question number: 250

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2015

MCQ▾

Question

SEBI has barred ________ entities from trading for manipulating markets and evading taxes. (August)

Choices

Choice (4) Response

a.

59

b.

57

c.

54

d.

50

Question number: 251

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

RBI decided to compute and release REER from this financial year. REER stands for________.

Choices

Choice (4) Response

a.

Real Effective Exempt Rate

b.

Read Effective Exchange Rate

c.

Real Effective Exchange Rate

d.

All of the above

Question number: 252

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

Which among the following Country has recently joined BRICS Bank?

Choices

Choice (4) Response

a.

Brazil

b.

Bangladesh

c.

India

d.

Russia

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