1. You, an unfamiliar trade vendor of your bank, are educated that your bank has sold a T.T.

on Copenhagen for Danish Kroner 10,00,000 at the pace of Danish Kroner 1 = $6.5150. You

are needed to cover the exchange either in London or New York market. The rates on

that date are as under:

Mumbai-London $74.3000 $74.3824

Mumbai-New York $ 49.2500 $49.2697

London-Copenhagen DKK 11.4200 DKK 11.4350

New York-Copenhagen DKK 07.5890 DKK 07.5840

In which market will you cover the exchange, London or New York, and what will be the

trade benefit or misfortune on the exchange? Disregard businesses.

2. Refund on bills limited is ... ..

A. A pay accumulated yet not got B. A risk

C. A cost D. Pay got ahead of time

3. NPA represents... ... .

A. Non Performing Assets B. Typical Performing Assets

C. Public Performing Asset D. None of these

4. Timetable 1 is worried about ... .

A. Money and offset with RBI B. Capital

C. Stores and Surplus D. Ventures

5. . ... is appeared under Schedule 15.

A. Premium acquired B. Benefit C. Interest Expended D. Allocations

6. Acknowledgment, supports and different commitments go under the head...

A. Arrangements and Contingencies B. Unexpected liabilities

C. Stores D. Borrowings

7. Resources are NPAs for a period not surpassing a year are called ... .

A. Standard Assets B. Unsatisfactory Assets

C. Dicey Assets D. Misfortune Assets

8. Resources are NPAs for a period surpassing a year are called ... .

A. Standard Assets B. Unsatisfactory Assets

C. Dubious Assets D. Misfortune Assets

9. . ... is a type of understanding between two gatherings wherein one gathering consents to make great for loss of another.

A. Agreement B. Protection C. Banking D. Common asset

10. The arrangement of protection is called as ... ..

A. Strategy B. Premium C. Annuity D. None of these