Question
Which of the following statements are not true regarding
the issuance of a bank guarantee? 1. All bank guarantees have an expiry period and expiry date. 2. Banks are required to maintain capital against the non-fund-based facilities like Bank Guarantee 3. Banks should comply with Ghosh Committee recommendations while issuance of bank guarantee 4. The banks are not allowed to issue bank guarantee in favor of other banks and financial institutions.Solution
Banks can issue bank guarantees in favor of other banks and financial institutions. Rest of the statements are correct.
Statements: G < O = H ≥ L > F < U≤ T ≥ Z
Conclusion:
I. L ≤ O
II. T > L
In which of the following expressions will the expression ‘M ≥ N ' and ‘Q < O’ be definitely true?
Statement: C < X ≤ B > E < L < I
Conclusion: I. X > LÂ Â Â Â Â Â Â Â Â Â II. B > C
Statements: B < C ≤ D < A ≥ Y
Conclusion: I. A > B II. Y < C
...Statements: M > N > P ; P = Q ; N < R
Conclusions:
I. Q < N
II. P < M
III. M > R
Statements: G ≤ H < I = J > K, L < B ≥ V > I ≥ D
Conclusion:
I. G = D
II. K ≤ D
III. B > H
Statements: L ≥ R, U ≤ N, N < M > I
Conclusion:
I. R > I
II. M ≥ U
Statements: P ≥ Q > R, S ≤ R, T = W ≥ R
Conclusions:
I. T ≥ S
II. Q < W
If the expression E < B > D = G ≥ H is definitely true, which of the following would be definitely true?
In the following question the relationship between different elements is given in the statements followed by two conclusions I and II. Read the stateme...