1.You sold Hong Kong Dollar 1,00,00,000 worth spot to your client at $ 5.90 and covered

yourself in London market around the same time, when the trade rates were

US$ 1 = H.K.$ 7.5570 7.5980

Neighborhood bury bank market rates for US$ were

Spot US$ 1 = 42.90 42.45

Compute cover rate and learn the benefit or misfortune in the exchange. Overlook business.

2. Exchange liabilities incorporate ... ..

A. Leasers B. Debentures C. Bank overdraft D. These

3. . ... ..is known as a manufacturing plant of credit.

A. Organization B. Firm C. Bank D. None of these

4. Banking organizations are represented in India by ... .

A. Banking Regulation Act B. Indian Companies Act

C. Hold Bank of India Act D. These

5. CRR represents ...

A. Current Reserve Ratio B. Capital Reserve Ratio

C. Money Reserve Ratio D. Capital Redemption Ratio

6 SLR represents ...

A. Investment funds Level Ratio B. Legal Liquidity Ratio

C. Standard Liquidity Ratio D. None of these

7. The technique for quickly posting sections in the books of banks is called as ... .

A. Single Entry B. Money Method C. Slip System D. None of these

8. The P&L A/c of Banking Companies are set up according to ... of Banking Regulation Act.

A. Structure An of Schedule III B. Structure B of Schedule III

C. Structure An of Schedule VI D. Structure B of Schedule VI

9. . ... .of benefit is moved to legal stores.

A. 10% B. 20% C. 25% D. 30%

10. Banks show the arrangement for annual duty under the head ... .

A. Unforeseen liabilities B. Stores

C. Different liabilities and arrangements D. Borrowings