Question
What are banks accountable for?
Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.  Any kind of accounting chicanery that makes the books look rosy will come at the cost of the accuracy with which banks reflect their financial health. Banks, which are supposed to be good at assessing not just debtors’ credibility but also the broader trends in the economy and the financial markets, cannot feign surprise at a rise and fall in bond yields. As Mr. Acharya has pointed out, banks understand the impact of interest rate movements and the risks of bond investments, and they perhaps choose to ignore this thanks to a “heads I win, tails the regulator dispenses” mindset. Just as banks need to be held accountable for their lending decisions and their advances, treasury operations and bond investments also need accountability and risk management systems.ÂSolution
The correct answer is D
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An option that can be exercised only at expiration is called
The 12 digit alpha-numeric number which helps to uniquely identify a specific security is known as _________
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In which FY budget idea of Social Stock Exchange was First floated by FM Smt Nirmala Sitharaman?
What is common between wall street in new york and Datal Street in Mumbai ?
What percentage from the employer’s contribution towards EPF is directed towards Employees’ Pension Scheme?
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How many Board members are there on the Board of SEBI besides the Chairman?
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