Question
What type of banking transaction allows customers to
earn interest on their deposited funds and provides easy access to their money for daily expenses?Solution
A checking account allows customers to earn interest on their deposits while providing easy access to funds for daily expenses.
Which of the following is a key factor considered in calculating the Loss Given Default (LGD) in credit risk models?
Which of the following is a characteristic of a global financial center?
1) Presence of a large number of financial institutions and services.
Legal risk in a bank can lead to which of the following?
                     I.       claims against institution,<...
As per Section 47 of the Companies Act, 2013, every member of a company limited by shares and holding equity share capital therein, shall ha...
Export/import to which of these countries cannot generally be settled through Asian Clearing Union mechanism?
For more than three years (unsecured) doubtful advances, provision will be made for
Consider the following statements about the budget estimates of fiscal year 2023-24.
1. The share of subsidies is more than the share of defen...
Which of the following best describes a "bulge bracket" investment bank?
The Prime Minister’s Task Force on MSMEs has set annual lending targets for banks. What is the recommended year-on-year growth in credit and accounts ...
What does MRR stand for?
