Question
1. Victor new exchange seller of your bank, are taught that your bank has sold an agreement with following rates on Copenhagen for spanish dollar
1. Victor new exchange seller of your bank, are taught that your bank has sold an agreement with following rates
on Copenhagen for spanish dollar 132390 at the speed of Danish Kroner 1 = 3.890. You
are expected to cover the trade either in London or New York market. The rates on
that date are as under:
Mumbai-London $73.78 $56.7879
SPAIN-MUMBAI $ 56.89 $57.989
SPAIN-Copenhagen SD 45.89 SD78.89
New York-MUMBAI DK 3.79 SD 3.896
In which market will you cover the trade, London or New York, and what will be the
exchange advantage or incident on the trade? Negligence organizations.
2. Discount on charges restricted is ... ..
A. A compensation amassed at this point not got B. A danger
C. An expense D. Pay stretched out beyond time
3. NPA addresses... ... .
A. Non Performing Assets B. Commonplace Performing Assets
C. Public Performing Asset D. None of these
4. Plan 1 is stressed over ... .
A. Cash and counterbalance with RBI B. Capital
C. Stores and Surplus D. Adventures
5. . ... is showed up under Schedule 15.
A. Premium procured B. Advantage C. Interest Expended D. Distributions
6. Affirmation, upholds and various responsibilities go under the head...
A. Plans and Contingencies B. Sudden liabilities
C. Stores D. Borrowings
7. Assets are NPAs for a period not outperforming a year are called ... .
A. Standard Assets B. Unsuitable Assets
C. Uncertain Assets D. Adversity Assets
8. Assets are NPAs for a period outperforming a year are called ... .
A. Standard Assets B. Unacceptable Assets
C. Questionable Assets D. Mishap Assets
9. . ... is a kind of comprehension between two social affairs wherein one get-together agrees to make incredible for loss of another.
A. Understanding B. Assurance C. Banking D. Regular resource
10. The game plan of insurance is called as ... ..
A. Procedure B. Premium C. Annuity D. None of these
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