Question
W hen extending credit, which of the following will not
be a primary factor to be considered by the bank/lender, as per the p rinciples of l ending ? ÂSolution
The age of the business owner is not a primary factor in granting loans or extending credit . The most important factors are the purpose of the loan, the security provided, diversification of risks, and the liquidity of the loan, which ensure the loan is both safe and viable . Â While the age of the business owner is not relevant, the experience and professional background of the business owner is considered as part of the risk assessment while giving loan. Â
Which of the following is not a type of ‘Time Deposit’?
The rate of interest which the RBI charges on the loans and advances to a commercial bank borrowed for a long term is known as ________.
All mutual funds in India must be compulsorily registered with which organization?
Which one of the following pillars addresses risk as per Basel Il norms.
Which of the following union ministry has initiated the Project Mausam?
National Electronic Fund Transfer scheme of RBI was earlier known as:Â
BCSBI was set up to ensure that the common person as a consumer of financial services from the banking Industry is in no way at a disadvantageous positi...
Any rupee note, which has a political slogan is not a legal tender as per.
RBI asked banks to stop offering teaser loans. What are teaser loans?
The Banking Ombudsman Scheme was come into effect from
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