Question
What is the maximum value of gold ornaments and
jewellery against which loans can be sanctioned?Solution
Under the prescribed RBI guidelines, loans sanctioned by banks against pledge of gold ornaments and jewellery should not exceed 75 per cent of the value of gold ornaments and jewellery.
What does the capability approach focus on in achieving justice?
An investment fund that is traded on an exchange is known as
Ayush bought a futures contract at Rs 120. If, the initial margin is 40% and maintenance margin is 25%, at what price the margin call will be initiated ...
Which of the following statements is/are correct about the city of Singapore as a global financial center?
1) Singapore is the world's largest...
Managing risk in a bank means _______
A. not entering into any business where there appears to be risks
B. implementing the appropriate po...
Which of the Uniform Customs & Practice for Documentary Credits (UCP) rules issued by ICC, are currently in effect?
Under inflationary trend, which of the methods will show highest value of inventory?
Depreciation is charged on __________ as per the ___________ of accounting.
For which of the following has the Risk-Based Internal Audit (RBIA) system been mandated by RBI?
A company makes sales of Rs. 1,00,000 and earns a profit of Rs.8000. If the fixed cost incurred by it was Rs. 12,000 what is its PV ratio?