Holding companies are controlling majority of fixed assets in the subsidiary companies.
II. Holding companies are controlling majority of voting rights in the subsidiary companies.
In the above two statements:

a.

Both the statements are not correct

b.

Only Statement I is correct

c.

Only Statement II is correct

d.

Both the statements are correct

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Question 2

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Saud Bahwan Group management wants to open an account for business purpose. Due to the nature of business, they want to get letter of credit facility for international trade. What is the most suitable type of account you suggest?

a.

Time deposit account

b.

Running Account

c.

Overdraft Account

d.

Money market deposit Account

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Bank Sohar is short of funds due to unexpected withdrawals during past few days. They have contacted other banks to get short-term loans but could not arrange it. Bank Sohar requested Central bank to lend some funds to meet their short-term deficiency. What do you think the type of loan they are going to borrow?

a.

Borrowing at Intra bank loan

b.

Borrowing at Intra bank rate

c.

Borrowing at the Discount Window

d.

Borrow at Discount rate