For the purpose of section 8 of the Banking Regulation Act which delas with the prohibition of trading what does the term goods mean?
Section 8. Prohibition of trading: Explanation-- For the purposes of this section, "goods" means every kind of moveable property, other than actionable claims, stocks, shares, money, bullion and specie, and all instruments referred to in clause (a) of sub-section (1) of section 6.
Consider the following statements regarding the use of bullion:
1) Bullion can be used for investment purposes as a hedge against inflation.
...Which currencies were included in LIBOR?
Which of the following carries lowest risk weight?
A company is in need of a new plant to ramp up production at its manufacturing unit. It is contemplating ways to finance the new plant and is deciding ...
Who released the first Global Financial Centres Index (GFCI)?
Which type of communication barrier arises from expression, as illustrated by the example of a poorly translated book from English to Hindi?
When a Bank fails to comply with regulatory requirements, it is known as _______
What is a Credit Rating Agency (CRA)?
The value of a derivative
Calculate Net profit to capital ratio.