Question
1.Derivative Bank went into a plain vanilla trade through on OIS (Overnight Index Trade) on a head of $ 10 millions and consented to get
1.Derivative Bank went into a plain vanilla trade through on OIS (Overnight Index
Trade) on a head of $ 10 millions and consented to get MIBOR short-term
skimming rate for a fixed installment on the head. The trade was gone into on
Monday, second August, 2010 and was to initiate on third August, 2010 and run for
a time of 7 days.
Individual MIBOR rates for Tuesday to Monday were:
7.75%,8.15%,8.12%,7.95%,7.98%,8.15%.
On the off chance that Derivative Bank got $ 317 net on settlement, compute Fixed rate and
interest under the two legs.
Notes:
I. Sunday is Holiday.
ii. Work in adjusted rupees and keep away from decimal working.
iii. Think about 365 days in a year.
2. IMF initiated monetary activity on........................
a. 1945 b. 1946
c. 1947 d. 1948
3. Which of the accompanying gives long haul account?
a. IDBI b. ICICI
c. IFCI d. All the abovementioned
4. Which of coming up next is a charge based help
a. recruit buy b. Renting
b. capital issue the executives c. Endorsing.
5. Track down the oddball
a. business paper b. share endorsement
c. endorsement of store d. Depository bill.
6. The way toward dealing with the business record of a customer by a monetary help organization is called
a. forfaiting b. calculating
c. renting d. None of these.
7.Mutual assets are well known in
a. USA b. UK
c. Japan d. India
8. In India, the organization which really manages the corpus of the shared asset is called
a. support organization b. trustee organization
b. resource the board organization d. Common asset Company.
9. The first bank in Quite a while to begin figuring business is
a. Canara bank b. SBI
b. Punjab National Bank d. Allahabad Bank.
10. A resource with an actual worth is called
a. Monetary resource b. Non monetary resource
b. Invented resource d. Fixed resource
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