Which among the following is the act of taking on a risk for a fee?
Answer: D
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Word bulls and bears is related to:
Answer: C
A bull market is associated with increasing investor confidence and increase investment in anticipation of future price increases (capital gains). A bullist trend in stock market obtain begins before the general economy shows clear signs of recovery. A bear market is a general decline in the stock market over a period of time. It is a transition from high investors optimism to widespread investors fear and pessimism.
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Which act has given control & supervision powers to RBI over commercial banks
Answer: C
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ADRs that do not qualify or are not intended to be listed on stock exchanges are referred to as
Answer: A
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Which of the following are qualitative control methods
Answer: D
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What are the functions of IRDA?
Answer: D
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Which of the following is incorrect:
Answer: D
Food Corporation of India is the full name of FCI. It provides price supports to farmers, and ensures adequate public distribution of grains. Food Corporation of India (FCI) net provides finance for commercial institutes. So in above option (d) is not correctly matched with their pair.
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Consider the following statements
1. Small Industry Development Bank of India (SIDBI) was set-up as a whole owned subsidiary of the RBI.
2. SIDBI has taken over the responsibility of administering Small Industry Development Fund managed by the IDBI.
Which of the statements given above .is/are correct?
Answer: B
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Consider the following statements and select correct:
1. The cash part of SLR of the bank is known as ‘Till money’.
2. ’Till money’ of commercial banks is the part of CRR.
3. Banks with no ‘Till money’ are not allowed to operate by the RBI.
Answer: D
Statement 2 is only correct. Till money is a name given to currency coins, which bank maintain and meet everyday cash requirement of their clients. It is counted as part of their cash reserve ratio.
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As per the circular of the RBI, what is correct about the core investment companies?
Answer: A
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